| Dow | 11,228.02 |  77.80 (0.70%) |
| Nasdaq | 2,190.43 | 18.34 (0.84%) |
| S&P 500 | 1,280.19 | 9.99 (0.79%) |
Mr BB had hike the rate and market like so much that it went up too much. They like comment "Recent indicators suggest that economic growth is moderating from its quite strong pace earlier this year"
It means the macro-econ0mic indicator is not good, and eventually corporat profit may stall. But market like this comment so much just by thinking Fed will stop hiking the rate, which is indeeed good for corporate profit in longer term. But longer term economy will stall as well.
Bottom line, sell sell sell in this rally and wait for good opportunity by end of this year.
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