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S&P 500 May Slide Lower on Fed Taper Talk Ahead of Inflation Release 2021-01-12 07:30:00 Daniel Moss, Analyst
S&P 500 Index, Federal Reserve, Tapering Bond Purchases, Quantitative Easing – Talking Points:
Equity markets crept higher during APAC trade as investors warmed to the idea of additional fiscal stimulus out of the US.
The suggestion by some members of the Federal Reserve that the central bank should look to taper its QE program could weigh on US benchmark indices.
S&P 500 index at risk of a near-term pullback after forming a bearish Hanging Man candle just shy of key resistance.
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