Tech Extends Slide, Bonds Fall After Fed Minutes: Markets Wrap

Jim,

For your info. This is breaking news.

Regards
James

[size=1]Bloomberg
Markets
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Tech Extends Slide, Bonds Fall After Fed Minutes: Markets Wrap
By Jennifer Bissell-Linsk and Emily Graffeo
January 4, 2022, 4:39 PM EST Updated on January 5, 2022, 3:08 PM EST

  • Chance of earlier, faster rate hikes flagged by central bank
  • S&P 500 falls, led by real estate and technology shares

U.S. equities deepened losses after minutes from the Federal Reserve flagged the chance of earlier and faster interest rate hikes.

The S&P 500 fell 1.5%, led by real estate stocks, while the tech-heavy Nasdaq 100 slid 2.7%.

WSJ Markets
@WSJmarkets

Nasdaq tumbled 3.3% as investors fretted about potential Federal Reserve interest-rate moves

https://www.wsj.com/articles/global-stock-markets-dow-update-01-05-2022-11641374345?st=zr5d6ba83kgrlxd&reflink=desktopwebshare_twitter

James, Thank you. -Jim