Daily Report | 27 April 2022
After a 50bps hike in May, investors expect the June Fed Funds Rate (FFR) to rise to 75bps. The speculation pressured
After a 50bps hike in May, investors expect the June Fed Funds Rate (FFR) to rise to 75bps. The speculation pressured
In addition to concerns about the Fed's tight monetary policy next week, investors are once again looking at the impact
Speculation of an increase in the Fed Funds Rate (FFR) by 75 bps, pressured Wall Street's stock market to fall more than
Wall Street closed lower, with the Nasdaq down by more than 2%. Technology shares are sensitive to interest rates after
Issuers' performance releases pushed Wall Street to close mixed. The Dow Jones closed up 0.71%, while the S&P 500
Optimism towards issuers' performance boosted Wall Street's strengthening, as Nasdaq rose by 2.1%. Investors are
Investors anticipate the impact of high inflation on a number of US issuers. Earlier in the week, Wall Street markets
Wall Street closed lower on Thursday, as a rise in the benchmark 10-year US Treasury yield to 2.83% (+13bps) pressured
The S&P 500 and Dow Jones indexes closed higher by more than 1%, supported by the recovery of growth stocks, which