Real estate sector is the most affected by the Fed in the stock market

The real estate sector is the one that has been most affected in the U.S. stock market by the 75 basis point increase in interest rates and the pessimistic guidance for the rest of the year announced on Tuesday by the Federal Reserve, due to the fact that the restrictive monetary policy discourages the demand for housing. Of the 11 sectors of the U.S. stock index, it is…