๐จ๐ MARKETS SLIP AFTER FED DECISION ๐๐
The Fed held rates steadyโฆ and markets didnโt like it.
๐ CLOSES: ๐ป Nasdaq -1.3%
๐ป S&P 500 -1.2%
๐ป Dow Jones -507 pts
๐ก WHAT HAPPENED: ๐ฆ Fed signaled โhigher for longerโ
๐ Inflation still sticky (~3.6%)
๐ Bond yields moved higher
๐ Growth & tech got hit hardest
โก MARKET REACTION: Initial optimism faded fastโฆ
then selling pressure took control ๐
๐ค BIG QUESTION: Are markets adjusting to realityโฆ
or underestimating how long rates stay high?
#FOMC #Fed #Stocks #NASDAQ #SPX #Markets ๐๐ฅ
The Fed held rates steadyโฆ and markets didnโt like it.
๐ CLOSES: ๐ป Nasdaq -1.3%
๐ป S&P 500 -1.2%
๐ป Dow Jones -507 pts
๐ก WHAT HAPPENED: ๐ฆ Fed signaled โhigher for longerโ
๐ Inflation still sticky (~3.6%)
๐ Bond yields moved higher
๐ Growth & tech got hit hardest
โก MARKET REACTION: Initial optimism faded fastโฆ
then selling pressure took control ๐
๐ค BIG QUESTION: Are markets adjusting to realityโฆ
or underestimating how long rates stay high?
#FOMC #Fed #Stocks #NASDAQ #SPX #Markets ๐๐ฅ