CNBC Pro

BlackRock’s Rieder says Fed could spark relief rally and market sell-off could be nearing an end

Rick Rieder, BlackRock's Chief Investment Officer of Global Fixed Income, speaks during a Reuters investment summit in New York, November 7, 2019.
Lucas Jackson | Reuters

BlackRock's Rick Rieder said the Federal Reserve could spark a relief rally this week if the central bank does not surprise the markets.

More In Pro Insight

VIDEO10:18
CNBC ProMicron, JPMorgan, and Cleveland-Cliffs are some of today's stocks: Pro Market Movers July 1
CNBC ProThe IPO market is hibernating, waiting for the market to turn
watch now
VIDEO03:07
CNBC ProStrategist says these sectors may be 'first to lead us out of recession' — and names 4 stocks to buy the dip