Reported 1 day ago
The S&P 500 Index is nearing the levels it occupied before Donald Trump's election, as investors sell off stocks amidst fears of persistent inflation and rising interest rates. The recent strong job data has exacerbated concerns about the Federal Reserve's approach to rate cuts. Stock valuations are under scrutiny, while volatility in the market has increased, reflecting traders' anxiety over potential policy shifts and their effects on economic growth.
Source: YAHOO