Don't expect sustained rally until 2nd half of 2023 -CIO

Reuters Videos
1 年前

STORY: A two-day stock rally lost steam Wednesday, as Wall Street turned lower and Treasury yields regained ground as the prospect of higher oil prices and continued Federal Reserve rate hikes weighed on investors.

U.S. stocks stepped back from steep losses but remained lower in midday trading, after opening the fourth quarter with surging gains over the last two days.