🥤What's driving market
The Fed said it would speed up the reduction of its bond purchase, a move in ending the pandemic support to increase back its zero interest rate. The yield on treasury yields fell. As stock and bond markets usually react in an opposite way, that means stock prices could go up when historically they have gone down. Friday still shown a red drop in market and let's see how this Fed move will impact over this December. $Dow Jones Industrial Average (.DJI.US)$ $S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ 🤞
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Evelynne : $SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$ Futures going to shit the bed, and SPY will gap down AGAIN, we all know the market is going back to ATH. Put options printing until end of the year for sure watch out for Joe Bidens speech going to crash the market.