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home / news releases / update to the 1 minute market report june 13 2022

FTDS - Update To The 1-Minute Market Report - June 13 2022

FIRST TRUST EXCH
  • The S&P 500 is now officially in a bear market. 73% of all stocks are now down 20% or more, with the median stock down by -29.4%.
  • The causes of today's rout were an inflation hangover and recession fears.
  • The next shoe to drop could be a 75 bp hike in the Fed Funds rate.
  • There is a kernel of hope in all of this. These big declines tend to happen near the end of bear markets, not at the beginning.

For further details see:

Update To The 1-Minute Market Report - June 13, 2022
Stock Information
Company Name: FIRST TRUST EXCH
Stock Symbol: FTDS
Market: NASDAQ
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