09.23.2026
Dow tumbles more than 300 points, Nasdaq drops 1% as Treasury yields surge: Live updates
Media ArticlesDow tumbles more than 300 points, Nasdaq drops 1% as Treasury yields surge: Live updates
Massimo Santicchia, our Head of U.S. Equities, told CNBC that inflation and Fed rate hikes are creating market tension. Corporate earnings remain strong, but persistent inflation is weighing on investors. He shared that oil isn’t the only factor driving inflation. Investors can expect at least two or three rate hikes through the end of the year.