Top Stories

Why market’s manic moves on Fed, inflation may not peak until summer

0


Last week’s market action was one more example of a push and pull between stocks, bonds and the Federal Reserve which investors should expect to see more of throughout 2021. In fact, there’s reason to believe the battle over bond yields and inflation which has gripped stock investors may not peak until the summer.

The Dow Jones Industrial Average hit another new record last week — and Dow futures were strong on Sunday — as some of the sectors favored in a rotation away from growth gained, including financial and industrials, and gained further support from the new round of federal stimulus, while the latest inflation number came in below estimates. The Nasdaq rebounded sharply and…



Source cnbc.com

Dow futures rise as stocks point to strong open on Monday

Previous article

Chinese Tesla rival Xpeng gets $76 million funding from government

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Top Stories