Stocks Climb Before The Open As Positive Earnings Overshadow Rate Hike Worries

Published by

March S&P 500 futures (ESH23) are trending up +0.86% this morning after three major U.S. benchmark indices finished the regular session lower as market participants digested hawkish statements by multiple Fed officials as well as a fresh deluge of earnings results. Three major U.S. stock indexes were weighed down primarily by losses in the Communication Services, Utilities, and Technology sectors. In Wednesday’s trading session, all three major indexes were under pressure as a slew of Federal Reserve officials continued to stress the need for more interest rate hikes. Also, weakness in technol…

Read More

See also  Garry Tonon knows he's inexperienced, but won't say no to ONE title shot

Leave a Reply