Stock market pullback likely as rates rise, warns Powell.
TL;DR
The stock market indexes ended lower on Wednesday after Federal Reserve Chairman Jerome Powell told the House that higher interest rates are likely ahead due to inflation concerns.
- Stock Market Today: Indexes end lower after Powell tells House higher rates likely ahead MarketWatch
- S&P 500: An Impulsive Pullback Is Anything but a Buying Opportunity | investing.com Investing.com
- S&P 500 Forecast – Stock Markets Pull Back on Wednesday FX Empire
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- Citi says S&P 500 net positioning 'most extended ever' By Investing.com Investing.com
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