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U.S. Stocks Trade Lower Amid Syriza Victory; Possible ‘Grexit’ Fears Grow

August 3, 2023
in Trade Tube
Reading Time: 1 min read
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Stocks traded slightly lower in midday trading Monday, amid news of the Syriza victory in Sunday’s general election in Greece could spark further economic uncertainty across the eurozone. Plus, the Federal Reserve’s first meeting of the year is Wednesday and while economists expect the meeting to be business as usual, the latest uncertainty in Europe could delay the Fed’s plans for a 2015 rate hike. TheStreet’s Scott Gamm speaks with Ian Winer, head of equity trading at Wedbush Securities to discuss the implications of the European Central Bank stimulus and the Syriza victory on the Federal Reserve and U.S. stocks.

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