CNBC Daily Open: The Fed attempts to rein in markets
Publishing timestamp: 2023-12-18 02:30:01
Summary
The article discusses the fall of Asia-Pacific markets, the U.S. Federal Reserve's efforts to dampen market optimism, the lowered risk appetite of Asian family offices, the impact of artificial intelligence on job losses, Jefferies' top stock choices for 2024, and the uncertainty in the markets due to rate cut expectations. It concludes by suggesting that despite some volatility, the markets are expected to end the year on a positive note.
Sentiment: MIXED
Keywords: personnel, interest rates, inflation, asia economy, banks, labor economy, s&p 500 index, nasdaq composite, dow jones industrial average, technology, federal reserve bank, economic events, world markets, business news, markets, united states,
Source: https://www.cnbc.com/2023/12/18/stock-markets-fed-attempts-to-rein-in-markets.html