neutral
Recently
US equity benchmarks see recovery after intraday declines
US markets rebounded after early declines triggered by the Federal Reserve’s latest rate stance.
Major US indices recorded intraday declines following a firm rate-related stance from the Federal Reserve, which kept expectations of a December reduction off the table. After the initial weakness, the S&P 500 moved into positive territory, while the Nasdaq also pared losses as trading progressed. Technology-linked names contributed to the rebound as broader liquidity levels remained stable through the session.
Market turnover increased during the later hours, and the recovery helped stabilise overall sentiment across several sectors that had opened lower following the policy-driven pressure earlier in the day.