The volume traded in Cedears during the day was $ 2,857 million, which represented 82% of the traded in equities.
What happened was that the minutes of the Fed’s December meeting showed that growing economy and rising inflation could force the US central bank to raise rates earlier than expected. and to start reducing your asset holdings overall. Faced with this, the main indices on Wall Street collapsed with the Nasdaq in the lead, which lost more than 3% on Wednesday.
“After the sudden sell-off that triggered the last minutes of the Fed, Wall Street seeks to regain a greater calm while traders analyze the implications of an acceleration in the rate hike and a cut in its balance sheet, a strategy that would generate more restrictive monetary conditions in search of fighting inflation, “said Gustavo Ber in his financial analysis.
For its part, on Wall Street this Thursday, the indices closed mixed in a day with enormous volatility. The Dow Jones Industrial Average fell 124.70 points, or 0.34%, to 36,284.56 units; the S&P 500 index rose 3.46 points, or 0.06%, to 4,703.45 units; and the Nasdaq Composite was up 27.13 points, or 0.16%, at 15,123.84 points.
Source From: Ambito
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