Nasdaq falls 1.2% as the ' good news is bad news ' mode hits

The Nasdaq Composite is down 1.2% and trading at the lows of the day. The selling acclerated after a strong US services survey from the Institute for Supply Management. Rather than cheering a resilient economy, the market is fretting about higher interest rates in a classic 'good news is bad news'…#nasdaqcomposite #goldmansachs #treasury #federalreserve

Source: Reuters: Health - September 7, 2023 Category: Consumer Health News Source Type: news