The S&P 500 continues yesterday’s decline
- S&P 500 down 21 points, or 0.75%, to 2,848
- DJIA -0.95%
- Nasdaq -0.4%
The market is in a bad mood after Powell. He cited some downside economic risks that should have been obvious and killed the talk of negative rates.
The fall in the stock markets weighs on commodity currencies in a traditional manner with risk.