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Thursday, March 2, 2023

S&P 500, Nasdaq struggle again

The Nasdaq and S&P 500 slid lower on Wednesday

Poor performance by Standard & Poor's

Dear Phan,

Wednesday was another bad day for major US indices. The Nasdaq Composite closed at -0.7%, while the S&P 500 (US 500) finished at -0.5%.

The indices' lousy performance was largely blamed on Fed comments indicating further rate hikes.

Will today be the day they finally bounce back?

Watch Nasdaq, S&P 500 (US 500)

** Disclaimer – While due research has been undertaken to compile the above content, it remains an informational and educational piece only. None of the content provided constitutes any form of investment advice.

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