- This topic has 4 replies, 4 voices, and was last updated 4 years, 11 months ago by
.
- Posts
higher inflation on energy- specifically gas prices – specifically out west. But what have gas prices done since January?
[b]another good link — As good news we are only down about -130 rather than over 300 points on DOW projected earlier
https://finance.yahoo.com/news/inflation-heats-stocks-tumble-134723028.html%5B/b%5DQUOTE — Following Wednesday’s inflation data, stock futures were sharply lower with Dow futures down as many as 330 points, or 1.3%, with S&P 500 and Nasdaq futures also down more than 1.2%. Treasury yields were also higher, with the 10-year hitting 2.87% and the 2-year hitting 2.14% as bond markets anticipate potentially more aggressive action on interest rate hikes from the Federal Reserve this year. As of December, the Fed expected it will raise interest rates three times this year.
[quote=”CautiousInvestor” post=4776][b]another good link — As good news we are only down about -130 rather than over 300 points on DOW projected earlier
https://finance.yahoo.com/news/inflation-heats-stocks-tumble-134723028.html%5B/b%5DQUOTE — Following Wednesday’s inflation data, stock futures were sharply lower with Dow futures down as many as 330 points, or 1.3%, with S&P 500 and Nasdaq futures also down more than 1.2%. Treasury yields were also higher, with the 10-year hitting 2.87% and the 2-year hitting 2.14% as bond markets anticipate potentially more aggressive action on interest rate hikes from the Federal Reserve this year. As of December, the Fed expected it will raise interest rates three times this year.[/quote]
Indeed but we get a good indication of just how fractious it all is
- You must be logged in to reply to this topic.