Fed keeps rates higher for longer: Could S&P 500, Nasdaq and Dow face more losses? What investors should watch next
US stocks have had a strong year so far despite economic uncertainty. The S&P 500 is up about 11%, the Nasdaq Composite has gained about 14%, while the Dow Jones Industrial Average is up about 7%. But the Federal Reserve’s latest rate decision has created a new risk for investors. The Fed raised interest rates…
