Chairs

© Reuters The experienced a 0.33% decrease on Thursday, October 19, 2023, following Federal Reserve Chair Powell’s indication of maintaining interest rates steady at the forthcoming Federal Open Market Committee (FOMC) meeting and his cautious stance towards additional policy firming. This decline was mitigated by the 10-year Treasury note yield reaching a 16-year peak and

Market Recap Initial gains in Wall Street reversed sharply overnight, with Nvidia’s stellar results hit with a sell-the-news market reaction, as market participants de-risk ahead of Fed Chair Jerome Powell’s Jackson Hole speech later tonight. The VIX was up 7.6% as a reflection of increased hedging activities, while market sentiments (from the CNN Fear and