“When you look at the size and the scope and the scale of the rally off the October lows, and then you layer on top of it, the stickiness of inflation in the end … I wouldn’t be surprised to see some dampener on the market for a little period of time,” Dan Greenhaus, chief ...
The analyst added that the correlation between market leaders and the rest of the index jumps during sell-offs, which is a “key risk” with the current market rally having yet to establish a broad base. This year, the S&P 500 is up nearly 7.5%. — Pia Singh Sat, Apr 13 20243:20 P...
Stock Market Today Ends Mixed, But At Multiyear Highs.Amid good news and bad news from the economy Friday, stocks teeter-tottered to end barely changed for the day. But the indexes are still standing at their highest in years.DONALD
The central bank began easing rates in September and indicated more cuts were likely to come, as it focuses more on keeping the job market humming after helping get inflation nearly down to its 2% target. What’s less certain in the minds of investors now is how much Trump’s victory may...
Stock Market Today: Asia Stocks Mixed After Wall Street Slumps to Worst Day in Weeks More Lee Jin-man A currency trader gestures near screen showing the Korean Securities Dealers Automated Quotations (KOSDAQ) at a foreign exchange dealing room in Seoul, South Kor...
Stock market today: Dow hits another record as stocks rise Stock market today: Wall Street rolls higher as bitcoin bursts above $87,000 Stock market today: Most of Wall Street rises after the Fed cuts interest rates One concern centered on the strength of the U.S. economy following ...
“At the same time, inflation is still too high and the labor market is still too tight for the Fed to consider cutting rates soon.” Strong consumer spending and a solid jobs market have provided a bulwark to the broader economy, where growth has slowed but has so far avoided stalling....
“A few rate cuts make sense because inflation has fallen. I think it’s likely to be sticky at around 3%,” Timmer said Thursday on “Squawk on the Street.”“The market is like a spoiled child. It gets a few and it wants more, and that’s a very typical situation that we’re ...
time, the market has been rallying. But even though theS&P 500hit another all-time high on Friday, Suttmeler said the broader market is showing "pesky bearish divergences," with only 34% of NYSE stocks rising on the day. This kind of market breadth is a risk for market dips, he said...
1, 2024, at 3:06 a.m. Save More Stock Market Today: Worries About the Economy Hit Wall Street, and the Dow Drops Nearly 500 Points More Peter Morgan People pass the New York Stock Exchange on Wednesday, July 31, 2024 in New York. Global stocks have advanced and...