Market Snapshot: Stock market could test new highs as rate hike jitters fade

5 months ago Comments Off on Market Snapshot: Stock market could test new highs as rate hike jitters fade

The Federal Reserve this week fired its first warning shot on higher interest rates by the end of the year, awaking the bears from hibernation. But the damage to equities is likely to be minimal and once Wall Street regains its composure, the stock market is expected to grind higher.


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