Stock Market Today – 5/10: Wall Street Looks To Rebound From Steepest Sell-Off In Two Years

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The Street

By Martin Baccardax Wall Street is looking to rebound from its steepest slide in two years, but growth worries, rate bets and rising volatility will make for anxious trading again Tuesday. U.S. equity futures moved modestly higher Tuesday, potentially lifting the S&P 500 from its lowest closing level since March of last year, as investors look to tame a three day sell-off on Wall Street that wiped away trillions in value from global stock portfolios. With growth concerns intensifying amid China’s ongoing Covid crisis, and bets on a series of Federal Reserve rate hikes holding firm in the face …

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