Comment on Market Snapshot: Stock market has room to test new highs as rate hike jitters fade

Market Snapshot: Stock market has room to test new highs as rate hike jitters fade

The Federal Reserve this week fires its first warning shot on higher interest rates by the end of the year, awaking the bears from hibernation. But the damage to equities is likely to be minimal and once Wall Street regains its composure, the stock market is expected to grind higher.

 

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