- December 2, 2022
- Market News
- Comments : 0
Dow Rally Falters Despite Cooler Inflation, NFPs Now an Open-Ended Event
The US indices – led by the blue chip Dow Jones Industrial Average – were knocked off course of a bullish breakout just a day after the initial launch. The monetary policy backdrop seemed to build upon Powell’s remarks Wednesday, but manufacturing activity brings recession concerns back into the mix. What will NFPs do?