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The S&P 500 has declined on six straight Fed Days, marking the second longest such streak since 1994, when the Federal Reserve began announcing policy decisions on the day of its meetings.
Gunjan Banerji reported this observation, attributing the information to Bespoke Investment Group.
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Banerji previously reported on the Nasdaq Composite’s 2.6 percent drop, marking its second largest single-day decline of the year. In a separate article, she cited Goldman Sachs’ view that improved inflation by March could lead the FOMC to consider pausing rate hikes, according to GS forecasts. These developments highlight recent volatility and policy considerations in U.S. markets.