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/BSRs4jq

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...