Closing Bell: Fire in the hole! Stocks plummet on Powell speech 8/26/22
Closing Bell
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Home Builders Stocks Sinking as Well in the Reaction to a to J Pow
Energy stocks are down about three quarters of one %, making it the best-performing sector. The energy sector also lower, but it is still by far the top offorming group in this cell off. Hidan: It was surprising to me that he talked a bit about the consumer, but said nothing at all about the housing market given what's going on in the market right now. Pippa stevens: You could be saying that energy stocks look attractive here because they can mitigate some potential risk from commodity prices.
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