Dear readers, the US stock markets closed significantly lower yesterday:
Dow Jones: -0.69%
S&P 500: -0.84%
NASDAQ Composite -0.81%
What we have noted from yesterday’s close of the US stocks markets will be the start of more volatilities to come.
The US Federal Reserves will meet again on 26 to 27 Jul 2022. Many market watchers expect another rate hike at the next meeting.
Hence, I believe investors should be seeing stock markets volatilities once more, prior to the US Federal Reserves’ meeting next week.