Plunging shares may be another sign of economic strength
The sell-off may be reaction to stronger economic indicators and expectations of hawkish Fed, say analysts
Equities are falling sharply in the US as markets anticipate the Federal Reserve Board will react to stronger growth and higher inflation expectations by tightening policy faster than previously thought.
On February 5, the S&P 500 Index fell by 4.1%, while the Dow Jones Industrial Average decreased by 4.6% in its biggest daily fall on record. Both indexes fell further as trading opened today (February 6). The sharp correction erased the wins accumulated in January, but still leaves both at very
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