December 01, 2022 at 08:30PM The US indices – led by the blue chip Dow Jones Industrial Average – were knocked off course of a bullish breakout just a day after the initial launch. The monetary policy backdrop seemed to build upon Powell’s remarks Wednesday, but manufacturing activity brings recession concerns back into the mix. What will NFPs do?
Dow Rally Falters Despite Cooler Inflation NFPs Now an Open-Ended Event