Stock indices in a bear trend
After the release of US data displaying a tense situation in the labour market and Q3 GDP data revised upward, investors became more concerned that the US Federal Reserve will maintain its hawkish policy for longer than expected.
After the release of US data displaying a tense situation in the labour market and Q3 GDP data revised upward, investors became more concerned that the US Federal Reserve will maintain its hawkish policy for longer than expected. Low trading volume before the New Year holiday increases the likelihood of sharp price movements. Friday's technical correction offers a good chance that the downtrend for stock index futures will resume.
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