November 2023 Market Update – Concerns over interest rates weigh on US stocks

Posted on: November 9, 2023

It’s been a tough month for markets after fears US interest rates will stay higher for longer. 

Despite an upbeat third-quarter earnings season, US stocks dipped after investor sentiment was dented by worries about interest rates. Even though some of the big names in tech showed solid growth, markets fell amid concerns that a robust US economy may mean interest rates have to stay higher for longer. These fears have also driven a sharp sell-off in bonds.



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