This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com.

https://www.barrons.com/articles/stock-market-fed-pivot-safety-dividends-97aaef90

Tired of Waiting for the Fed to Pivot? Try This Instead.

By
Carleton English
  • Order Reprints
  • Print Article

Investors can’t wait for the Federal Reserve to start pivoting. This past week’s action—illuminated by a pink full moon—shows that they might have to wait a bit longer.

The S&P 500 index slid 0.1% in the shortened trading week, while the Dow Jones Industrial Average advanced 0.6% and the Nasdaq Composite fell 1.1%. But while equity markets were little changed, bond yields declined in the early part of the week as weakening economic data stoked fears of a recession among fixed-income traders.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.