Stock Market Sees Carnage Due to U.S. Monetary Policy Shift The Federal Reserve’s abandonment of easy-money policies has led to a fight to squash inflation, marking a dramatic shift in U.S. monetary policy. Investors have had to adapt to this new reality, with stock prices seeing significant drops since January 2022. Notably, major U.S. equity…
Honeywell (HON) shares faced a decline on Thursday following the release of their third-quarter results, which were deemed disappointing by investors. The industrial conglomerate managed to exceed expectations in terms of earnings and cash flow, albeit only slightly. However, the overall outlook for the remainder of the year did not offer much to spark enthusiasm….
U.S. Equities Continue to Fall as Bond Yields Surge Friday saw U.S. equities facing another day of losses, leading to the S & P 500 recording its fourth consecutive day of decline. The S & P plummeted by 0.9% during midmorning trading, while the Nasdaq Composite experienced a decline of over 1%. The main factors…
