From Nasdaq:

U.S. stock indexes closed Wednesday’s session down in extended profit-taking after a strong finish in 2023. Fed minutes did not alleviate market worries, with policymakers concerned about the impact of “overly restrictive” monetary policy and ‘distant’ timing for rate cuts. The S&P 500 lost 38.68 points, while the Nasdaq and Dow Jones also fell. Oil price disruption affected airline stocks, whereas higher crude prices supported the energy indices. SELECTED SUCCINCT SUMMARIES OF NEWS
U.S. stock indexes closed down in profit-taking after a strong 2023. Fed policymakers express growing concern about the damage of “overly restrictive” monetary policy. Fed minutes reveal little about the timing of rate cuts. Investors wary of expected pivot to rate cuts. The S&P 500 lost 38.68 points, while the Nasdaq and Dow Jones also fell.
High crude prices affected airline stocks, whereas higher crude prices supported the energy indices. SELECTED SUCCINCT SUMMARIES OF NEWS
Fed is struggling, as the S&P 500 lost 38.68 points, the Nasdaq and Dow Jones fell. Oil price disruption affected airline stocks, higher crude prices supported energy indices. Fed remains concerned about rate cuts.

Many are wary of the central bank expected pivot to rate cuts. clarifications through Fed minutes. Oil prices disrupted airline stocks, with higher crude prices supporting energy indices._TECHNICAL WITH MARKET MOVEMENTS
Fed is concerned about “overly restrictive” monetary policy, futures are projected for a 25 basis point cut in review. The S&P 500 lost 38.68 points, while the Nasdaq and Dow Jones fell. OCTOBER RALLY AND TECHNICALS
Investors cautious about the Fed’s pivot to rate cuts, with the S&P 500 losing 38.68 points. Airlines stocks affected by disruption while energy indices are supported by higher crude prices. The Fed’s concerns regarding “overly restrictive” monetary policy.
Share prices of Nvidia, Apple, and Tesla all finished down. Many indicators are overbought, signaling a breather for stocks. The rate of 25 basis point cut by March 67%. airlines took a tumble due to increased in oil prices. Higher crude prices supported the energy index amidst slow down of Dow Jones and S&P 500. Financial sectors traded lower after Goldman Sachs downgrades Charles Schwab and Blackstone while Citigroup gain shares.

Blackstone and Charles Schwab decreased after Goldman Sachs’ ‘neutral’ rating, CitiGroup increased with a price target upgrade. Higher oil prices decrease airline shares, though the energy sector rose. Charles Schwab and Blackstone, Goldman Sachs downgraded. CitiGroup gain for the second day, helped by a price target upgrade.



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