Stocks have chilled out for today, up a bit in all indexes following a re-pricing regarding expectations of a further 0.75% interest rate hike.
Since then however there have been suggestions Jerome Powell, the Fed chair, will also start chilling out with future rate settings to potentially start being more nimble.
Source: https://www.trustnodes.com/2022/09/21/stocks-green-bitcoin-up-as-powell-takes-back-seat