Reply To: Traders Market Weekly: Market Corrections, When the Rubber Meets the Road

#35950
Truman
Participant

Key factors driving the futures market:

Carryover selling from Friday
Sharp sell-off in China (shanghai Composite -5.1%) on concerns about COVID spread and potential for lockdown in Beijing
Festering worries about impending rate hikes from the Fed and other central banks
General earnings growth concerns stemming from adverse impact of central bank rate hikes, continued supply chain problems, persistently high inflation, a stronger dollar, and worsening situation in Ukraine