Fed selloff
The S&P 500 Index (SPX) briefly traded in positive territory after the open before the broad-based selloff kicked into gear.
Read MoreThe S&P 500 Index (SPX) briefly traded in positive territory after the open before the broad-based selloff kicked into gear.
Read MoreThe second quarter 2022 earnings season is almost finished, with only fourteen companies in the S&P 500 (SPX) left to report earnings.
Read MoreOur initial thoughts following the short speech by Fed Chair Powell:
Read MoreThe report on Personal Consumption Expenditures (PCE), which the Federal Reserve uses for its inflation projections, showed the headline PCE y/y cooled from a 40-year high in July.
Read MoreThe percentage of S&P 500 Index (SPX) stocks trading above their 10 & 50-day moving averages moved up with yesterday’s 1.41% gain in the SPX.
Read MoreS&P equity futures are trading below Thursday's close, amidst European equities turning lower and Asian markets closing mostly higher overnight.
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