While there’s a possibility of a short-lived rebound in U.S. stocks this week, experts caution against viewing it as the end of the ongoing late-summer selloff. Instead, analysts suggest that any potential bounce would likely act as a brief reprieve before the S&P 500 SPX resumes its downward trajectory towards...
Investors may be confronted with the scenario where the Federal Reserve decides to keep interest rates elevated for an extended duration. As a result, there has been a notable increase in Treasury yields, leading to the S&P 500 index enduring its most substantial monthly drop in 2023. During a phone...
Hayes Martin, a stock market strategist, has both encouraging and discouraging news for individuals with a positive outlook on the stock market. Starting with the downside, Martin anticipates that the continuous decline in the market will ultimately lead to a decrease of 8% to 13% in the market averages. (As...
The drop in the American stock-market rally in August 2023 was anticipated. In a note on Friday morning, Tom Lee from Fundstrat stated that the S&P 500’s recent decrease of 5.6% over a 15-day period is a usual situation for August. Despite this, Lee, who is well-known for his positive...
On Thursday morning, the futures for U.S. stock indexes experienced a slight rise after previously reaching a six-week low, which was caused by the surge in bond yields. How are stock-index futures trading On Wednesday, there were declines in the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite. Specifically,...
The index finished below the average for the first time in almost three years, ending its longest period of not dropping below since March. Based on the analysis of technical experts, it was observed that the S&P 500 ended below its 50-day moving average on Tuesday for the first time...
