U.S. stock sell-off may pause as traders adjust in

Aihucha News, September 27: U.S. stock index futures rebounded on Wednesday as bond yields fell slightly and investors assessed the direction of interest rates. The S&P 500 index fell to its lowest level since June on Tuesday as central bank officials sent hawkish signals. The weak data also heightened concerns about economic growth, putting U.S. stocks on track for their biggest monthly drop since December as investors worry the Federal Reserve will keep interest rates higher for longer as economic growth slows. Mathieu Rachete, head of equity strategy at Julius Baer, said further weakness in stocks is still possible before mid-October, but more broadly, stocks are hitting a bottom. Investor sentiment has fallen sharply, with markets quickly pricing in expectations that interest rates will remain at long-term highs. However, Racheter also said that they believe that the long-term bull market still exists and the market may move higher before the end of the year.