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.
08 Sep 2022
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