Earnings Season Challenged Market Rally, Impacting Stock Performance Earnings Season Unable to Sustain Stock Market Rally Earnings season hasn’t been able to keep the stock market rally afloat over the past week, as evidenced by the recent performance of the S&P 500. After an aggressive rally to all-time highs to start the year, the S&P … Read more
Investors Push Back Bets on Fed Rate Cuts, Stocks Expected to Stay Strong in 2024 Investors have recently adjusted their expectations for when the Federal Reserve will begin cutting interest rates, but this change is unlikely to impact the upward trajectory of stocks in 2024, according to Wall Street strategists. After an inflation report showed … Read more
Wall Street Debates S&P 500’s Outlook for the Second Quarter In the first three months of the year, stocks ripped higher, fueled by investor confidence in ongoing economic stability in the United States (source). The attention has now shifted to Wall Street’s central debate for the second quarter: whether there is more room for the … Read more
Stock Market Update: Week in Review Stock Market Update: Week in Review Stocks Finish Last Week Lower After Sell-Off in Tech Last week, stocks saw a decline in the market following a sell-off in the tech industry, with the Nasdaq Composite leading the losses and falling over 1%. Equal-Weighted S&P 500 Logs 7th Straight Weekly … Read more