US stocks slide ahead of Brainard speech

News

S&P 500 lower

The Fed bounce from late yesterday has mostly faded with the S&P 500 down 21 points to 2675.

The final event of the day to watch will be Brainard’s speech at 1215 pm ET (1715 GMT). The topic is financial stability so she won’t necessarily comment on policy but I suspect she will. There is also an audience Q&A after the speech.

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