Author - Sequoia Direct

S&P500 hits new 2022 low as UK the focus of economic turmoil

30 Sep 2022 - Stocks resumed their 2022 sell-off on Thursday, sending the S&P 500 to a new low for the year, as fears swirled that a recession won’t stop the Federal Reserve from raising interest rates. The market was fairly quiet from a headline perspective. UK Prime Minister Truss defended her government's unfunded tax cuts and stressed it was not time to reverse course despite market turmoil.

Read more...