Nasdaq Down 0.35%, S&P 500 Down 0.5%

2022-1-11 23:47
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On the trading side, the Nasdaq lost another 0.35%, the Dow Jones by 230 points and the S&P 500 by 0.5%.

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Powell: Businesses don't need good financial governance.
On January 11, President Powell announced that the economy was recovering and unemployment was recovering. Businesses do not have to benefit from monetary policies. It's time to roll back emergency (supportive) measures for COVID-19. The Fed cannot directly affect the state of the supply. We must now focus on inflation rather than our goal of maximum efficiency. The normalization of monetary policy is a long process.
2022-1-11 23:49