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Does It Even Make Sense To Own Stocks With Treasury Yields At 4%?

With the stock market taking a new downturn since August, many people are beginning to reconsider whether owning stocks continues to be a profitable endeavor. The S&P 500 broke the 3,900 limit after hours on Friday, and the index is trading at 3,757 midday Thursday, causing investors around the globe to wonder: does it even pay to own equities anymore?

SPY

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US Stocks Could Remain Jittery Thursday Over Fed Rate Hike As S&P 500, Nasdaq Futures See Volatility — McDonald’s In Focus

The major U.S. index futures are flatlining, as traders are digesting the implication of the Fed's policy statement and a couple of interest rate decisions from Japan and the United Kingdom.

ACN

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Alibaba Plunges, Xpeng, Nio Nosedive: Fed Rate Hike and Projections Push Hang Seng To 2011 Lows

Hong Kong's benchmark Hang Seng Index lost over 1.9% in opening trade to hit 2011 lows after the U.S. Federal Reserve raised interest rates by 0.75% and indicated they could be hit as high as 4.6% next year.  That dented stocks of U.S.-listed Chinese EV makers, whose business prospects depend a lot on interest rates. 

BABA