All three major U.S. stock indexes were down by 2% or greater in the last hour of trading, and poised for their worst declines since June. Stocks dropped across every sector as rates across the Treasury curve surged above 3% in anticipation of continued aggressive rate hikes by the Federal Reserve. The declines would amount to the worst for Dow industrials DJIA,
DE 40 forecast: the trend has shifted to downward
The DE 40 stock index reached a new all-time high but has since entered a downtrend. The DE 40 forecast for today is negative. DE