NASDAQ rejected by 14k after hawkish Fed, risks heavily on the downside

<p>US stock markets tumbled sharply overnight and futures dive further in Asian session. Fed Chair Jerome Powell sounded very hawkish during the post meeting press conference. The indication that rate hikes would start in March wasn’t much of a surprise. But Powell indicated that every meeting in “live” and refused to rule out 50bps hikes. […]</p>
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