Inverse ETFs surged yesterday despite the Fed's less-hawkish tone. Yellen's testimony probably have triggered the market selloffs.
Last week was the worst week of 2023 so far, for Wall Street. Rising rate worries weighed on markets last week.
Wall Street was downbeat last week. The S&P 500 and the Nasdaq recorded the worst week since December.
While recession fears triggered by the return of the Fed's hawkish tone and rising COVID cases in China resulted in risk-off trading, a round of strong economic data lent some support to the stocks.
Wall Street was downbeat last week. Amid major developments last week, the Fed's rate hike deserves mention.
Wall Street was downbeat last week. Rising rate worries and recessionary fears were the key concerns.
/PRNewswire/ - REX Shares, LLC ("REX") today announced the launch of two new MicroSectors Exchange Traded Notes (ETNs) issued by Bank of Montreal (BMO) linked...