S&P 500 Rate-Hike Shock: Why Regional Banks and Housing Stocks Became the Weak Link
June jobs data and Fed projections revived rate-hike odds, knocking the S&P 500 as rising deposit betas and 6.48% mortgages squeezed regional banks and homebuilders.
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S&P 500 record and a 6% SOX rebound put chips back in charge as Intel foundry headlines and Apple chatter sway sentiment. Key catalysts, risks, and signals to watch.
Read full articleJune jobs data and Fed projections revived rate-hike odds, knocking the S&P 500 as rising deposit betas and 6.48% mortgages squeezed regional banks and homebuilders.
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