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Significant drop in equity market post FOMC
Our clients took short positions in S&P 500 @ 6077, Dow @ 44000, Nasdaq @ 21970 and Russell @ 2420. After the FOMC, a drop was observed in the market. While we are updating this post, S&P 500 is trading at 5944, Dow is trading at 42848, Nasdaq is trading at 21503 and Russell is trading at 2257.
Final Update: In the previous session, Dow closed at 42326 after making a high of 43688 and a low of 42300; S&P 500 closed at 5872 after making a low of 5838 and a high of 6070; Nasdaq closed at 21195 after making a high of 22072 and a low of 20997; Russell closed at 2225 after making a high of 2352 and a low of 2205.
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Mr. Rajeev Prakash
Rajeev is a well-known astrologer based in central India who has a deep understanding of both personal and mundane astrology. His team has been closely monitoring the movements of various global financial markets, including equities, precious metals, currency pairs, yields, and treasury bonds.
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