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Markets Erase Fed-day Gains

Markets Erase Fed-day Gains

FromSchwab Market Update Audio


Markets Erase Fed-day Gains

FromSchwab Market Update Audio

ratings:
Length:
13 minutes
Released:
Jun 16, 2022
Format:
Podcast episode

Description

U.S. equities finished solidly lower, continuing a fairly common pattern of a reversal of a move on a Fed-day, which saw equities rally yesterday after the Central Bank raised rates by 75 basis points (bps)—the largest increase since 1994—and suggested it may have to continue to be as aggressive. 
Released:
Jun 16, 2022
Format:
Podcast episode

Titles in the series (100)

The Schwab Market Update podcast delivers our informative summary of each day's trading and financial news, including key stock announcements, federal monetary policy, and market-mover statistics. Podcasts are for informational purposes only. This channel is not monitored by Charles Schwab. Please visit schwab.com/contactus for contact options.