Why do higher interest rate have such impact on stock market, Microeconomics

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Why do higher interest rate have such impact on stock market

Problem

It seems that each time the Fed raises interest rates, the stock market has an awful few days. Why do higher interest rates have such an impact on the stock market?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Why do higher interest rate have such impact on stock market

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Microeconomics: Why do higher interest rate have such impact on stock market

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