Markets This Week: Fed Hikes and Oil | StockCram — Market Analysis

Key Themes This Week

• •The Federal Reserve raised interest rates by 25 basis points to 3.75%-4.00% on Wednesday, marking the first hike in more than three years as the central bank responded to elevated inflation driven by oil prices near $100 per barrel.
• •Major indexes showed divergent performance for the week, with the Nasdaq gaining 0.7% while the Dow fell 1.7%, reflecting investor preference for technology over rate-sensitive sectors amid rising Treasury yields that briefly touched 5%.
• •Cybersecurity stocks surged following warnings from AI industry leaders about slowing development, with CrowdStrike jumping 15% for the week as investors rotated into companies positioned to benefit from heightened AI security concerns.