four causes US equites are nervous

US equities on Thursday:

• Dow industrial common decrease. S&P and the NASDAQ index transfer to the upside

UBS say to anticipate extra volatility forward, via to the election.

Analysts there nominate four causes:

• greater yields
• expectations for a extra modest tempo of Federal Reserve rate of interest cuts
• geopolitical considerations
• election uncertainty

And level to the VIX round its long-run common of 20, off its lows seen earlier this 12 months.

UBS preserve their forecast for the S&P 500 at 6600 by year-end 2025:

• company earnings strong
• resilient US economic system
• Fed dedicated to reducing charges
• AI demand nonetheless a driver of development

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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