12 min listen
Stock Market Today: Bearish On S&P 500 With $3,730 Price Or Lower In 2023
FromSchwab Network
ratings:
Length:
9 minutes
Released:
Sep 8, 2022
Format:
Podcast episode
Description
Interest rates and U.S. Dollar price on the rise, reaching a 24-year high against the Japanese Yen, which is weighing on the stock market today. "The S&P 500 Index or SPX, Nasdaq-100, Russell 2000, and Dow Jones today are under tremendous pressure. The SPX has failed to reach the $4,367 level back in mid-August. The stock market today is in bear market territory. The S&P 500 will trade back down to the $3,730 or lower price in 2023," says David Williams.
Released:
Sep 8, 2022
Format:
Podcast episode
Titles in the series (100)
The Fed's New Targeted Inflation Policy by Schwab Network