US stocks rebound as oil prices fall and bond yields ease after Fed rate hike

On Thursday, US stocks surged, reclaiming nearly all their weekly losses due to declining oil prices and reduced pressure in the bond market, allowing Wall Street to bounce back from previous declines. Following the Federal Reserve’s initial interest rate hike in years, indications of further increases contributed to notable weekly volatility in the stock markets.
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.