US Stocks Stall
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The recent bullish momentum in the US stock market has stalled as Federal Reserve Chair Jerome Powell’s comments suggested a potential extension of the interest rate tightening cycle.
The rise in Treasury yields and increased equity market volatility have become key focal points for investors.
Market analysts anticipate continued tension between the bond and stock markets as these trends unfold.
Data: eToro, FactSet, Morningstar, S&P Capital IQ, ProRealTime, MarketScreener