Reported 20 days ago
Investors braced for volatility after the Federal Reserve's substantial rate cut, yet market reactions remained subdued, with stocks fluctuating but largely unchanged. Analysts suggest that this calm may not endure, as upcoming economic data could signal further shifts, especially amidst concerns about bond yields potentially rising. Despite initial optimism in small-cap stocks following the announcement, the overall market sentiment indicates caution, with fears about underlying economic signals prompting profit-taking strategies among investors.
Source: YAHOO