The stock market is acting like it believes Jay Powell

The stock market is acting like it believes Jay Powell

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe

Tuesday, May 24, 2022

Today’s newsletter is by Emily McCormick, a reporter for Yahoo Finance. Follow her on Twitter

The stock market isn’t trading like it’s expecting the Federal Reserve will swoop in to save it.

The S&P 500 has tumbled by more than 17% from a January record high through Monday’s close. The index has posted monthly losses each…


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