The stock-market rout just drove S&P 500, Dow below a key level
“Both the S&P 500 index and the Dow Jones Industrial Average plunged below their 50-day moving averages, precipitated by a rout in equities and government bonds on intensifying fears that the Federal Reserve could finally pull the trigger on raising rates after a nearly 10-month hiatus.”
*stares down The Fed* Yeahhhh do it. DO IT!
Stocks have plunge below their 50-day moving averages, precipitated by a rout in equities and government bonds on intensifying fears that the Federal Reserve could finally pull the trigger on raising rates after a nearly 10-month hiatus.
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