Tag: high

April hasn’t been very welcoming for US stocks so far as higher rates continue to pressure valuations and heavy fiscal spending complicates efforts to tame inflation. As a result, the S&P 500 fell more than 5% this month, retreating below the 5,000 mark for the first time since February. 

(Reuters) – Wall Street\’s \”fear gauge\” hit its highest in more than five months on Friday due to a sharp pullback in interest U.S. rate cut expectations and escalating geopolitical tensions.