Comment on Market Snapshot: Rising yields put S&P 500 on pace for biggest monthly loss of 2023 as investors brace for Fed Chair Powell’s Ja

Market Snapshot: Rising yields put S&P 500 on pace for biggest monthly loss of 2023 as investors brace for Fed Chair Powell’s Ja

The S&P 500 is on course for its biggest monthly loss of 2023, jolted by rising Treasury yields as investors face the prospect of the Federal Reserve keeping interest rates higher for longer.

 

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