Nasdaq 100 Strained by Sour Sentiment, Traders Eye Possible 2022 Low Breakout - DailyFX
5/19/2022 12:00:00 AM2 years 11 months ago
by Diego Colman
by Diego Colman
U.S. stocks extend losses after Wednesday's monster sell-off amid negative sentiment and fears that the U.S. economy is headed for trouble due to red-hot inflation and rising rates.
US STOCKS OUTLOOK:
- S&P 500, Nasdaq 100 and Dow Jones extend losses after Wednesday's decline
- There are no major economic releases until Tuesday next week, so sentiment should con… [+3445 chars] full article...