Source: “Planning and Progress”, Northwestern Mutual (2022)
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Stocks snapped back from Wednesday’s selloff, with the Nasdaq out front and the S&P 500 logging its best day in weeks as long‑term Treasury yields backed off 5% and crude cooled.
An early, tentative bounce gave way to a late-day fade after the Fed delivered a widely expected quarter-point hike and signaled it’s not done yet.
U.S. equities fell into the close as a fresh jump in crude and a brief push above 5% on the 10‑year Treasury tightened financial conditions on the eve of the Fed decision.
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