Key Points The Federal Open Market Committee (FOMC) last week raised its benchmark interest rate by a quarter percentage to combat persistent inflation. Historically, the stock market has often slipped into a correction when the Federal Reserve has started a new rate-hike cycle. The stock market has recouped its losses from every past drawdown, which means corrections have historically been good buying opportunities. 10 stocks we like better than S&P 500 Index › The U.S. stock market is having a decent year despite economic uncertainty created by the Iran conflict.
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