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Major US indices projected to close higher amid market volatility as Fed hints at rate hikes

Schaeffer's Research ·

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  1. 1The Dow Jones Industrial Average saw a deficit of nearly 400 points on Wednesday afternoon.
  2. 210-year Treasury yields reached a 24-year high.
  3. 3The Fed signaled that additional rate hikes will occur before the end of 2026.

So what's the key point?

While the US stock market experiences volatility, Treasury yields have risen to their highest level in 24 years. Investors should remain cautious as the Fed indicated that interest rates may rise further.

Source Schaeffer's Research · View original ↗

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