Failed market rally signals more trouble ahead for stocks

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, January 12, 2022.
Brendan McDermid | Reuters

The stock market's violent late-day reversal Thursday signals more selling ahead, as investors worry about a hawkish Federal Reserve and the earnings season.

More In Pro Insight

CNBC ProTop Wall Street strategists see the stock market recouping most of its losses into the year-end
CNBC ProRecession playbook: Here are some of Wall street's top stock picks for a downturn
CNBC Pro'A lot of money' to be made: Fund manager names his top stocks in a key EV-related sector