Tuesday, August 30, 2022

Market can give back 8-10% in this round of selling: Samir Arora

Market can give back 8-10% in this round of selling: Samir Arora Last week, US Fed chairman Jerome Powell in an extremely hawkish speech said the Fed will keep raising rates for a while as inflation has not come down to comfortable levels. Following his comments, shares fell like nine pins across the globe

from Moneycontrol Market Outlook https://ift.tt/SlDJcCy

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S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky

Artificial intelligence deals propelled the S&P 500 and Nasdaq higher on Monday, with Amazon's $38 billion agreement with OpenAI and...