Analysis: U.S. stock rally defies economic unease – Reuters.com
- Date: 30-Mar-2022
- Source: Reuters
- Sector:Financial Markets
- Country:Middle East
Analysis: U.S. stock rally defies economic unease – Reuters.com
NEW YORK, March 30 (Reuters) - As a stunning rebound in U.S. stocks charges on, investors are questioning how long the surge can continue in the face of a hawkish Federal Reserve, warnings of recession from the bond market and geopolitical uncertainty.
The S&P 500 is up 11% since March 8, its biggest 15-day percentage gain since June 2020, led by many of the high-growth stocks that have been pummeled for much of the year. The benchmark index has cut its year-to-date losses to 2.8%, after it earlier swooned by as much as 12.5%.
The move has come despite a broad range of concerns that rocked equities earlier this quarter, among them the war in Ukraine, surging inflation and a sharp rise in Treasury yields fueled by tightening monetary policy from the Fed. read more
Select Sector 
Select Country 
