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Why Is the Stock Market Down Today and Where Is It Headed in 2023?

TheMotleyFool

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Why Is the Stock Market Down Today and Where Is It Headed in 2023?: https://g.foolcdn.com/editorial/images/713179/2023-stocks.jpg

The stock market is down today after the Federal Reserve raised short-term interest rates by .5%, which brings rates to the highest levels seen since 2007. In the video below, I share my thoughts on the current macroeconomic conditions, provide technical analysis on the major indexes, and discuss where I believe the stock market is headed next.

*Stock prices used in the below video were during the trading day of December 15, 2022. The video was published on December 15, 2022.

Source Fool.com

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