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,
EURUSD weekly forecast: euro still has decent prospects
Expectations for a Federal Reserve rate cut in September remain high despite the July PPI spike in the US, which slightly reduced the odds of