Market Turbulence: US Stocks React to Retail Sales Surge and Rate Cut Uncertainties

Market Turbulence: US Stocks React to Retail Sales Surge and Rate Cut Uncertainties

U.S. stocks experienced a downturn on Wednesday, influenced by rising Treasury yields that pressured the tech sector. The stronger-than-expected economic data also complicated investor expectations for a Federal Reserve rate cut in March. As of 13:47 ET (18:47 GMT), the Dow Jones Industrial Average had dropped by 206 points, or 0.6%, the S&P 500 was […]

Market Turbulence: US Stocks React to Retail Sales Surge and Rate Cut Uncertainties Read More »