CatalystMacro

WSJ: "FEARS OF RISING INTEREST RATES COLLIDED WITH WORRIES ABOUT ARTIFICIAL-INTELLIGENCE SPENDING ON WALL STREET FRIDAY, BRINGING AN ABRUPT AND PAINFUL END TO WEEKS OF GAINS AND SENDING THE NASDAQ COM

THE LOSSES INTENSIFIED AFTER A ROBUST JOBS REPORT RAISED NEW WORRIES THAT THE FEDERAL RESERVE MAY NEED TO RAISE INTEREST RATES LATER THIS YEAR TO FIGHT INFLATION."

What changed

THE LOSSES INTENSIFIED AFTER A ROBUST JOBS REPORT RAISED NEW WORRIES THAT THE FEDERAL RESERVE MAY NEED TO RAISE INTEREST RATES LATER THIS YEAR TO FIGHT INFLATION." #ECONOMY #MARKETS #STOCKS @WSJ — VIA @ELERIANM

Why it matters

Robust jobs report raised rate-hike fears, crashing Nasdaq on worst day in over a year.

Sources

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