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Markets Erase Fed-day Gains
Schwab Market Update Audio
English - June 16, 2022 20:46 - 13 minutes - 12 MB - ★★★★ - 169 ratingsInvesting Business bonds economy investing charles schwab stock market federal reserve market update market news equities stocks Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Stocks Rally Following Fed Decision
U.S. equities finished solidly lower, continuing a fairly common pattern of a reversal of a move on a Fed-day, which saw equities rally yesterday after the Central Bank raised rates by 75 basis points (bps)—the largest increase since 1994—and suggested it may have to continue to be as aggressive.