Stock market outlook: Inflation drop to power S&P 500 rally this week

📆 10-07-23 22:45:00
📰 BusinessInsider

⏱ Reading Time:
13 sec. here
2 min. at publisher
📊 Quality Score:
News: 8%
Publisher: 51%

Belgique Nouvelles Nouvelles

Inflation is about to show a big drop and investors should load up on stocks ahead of this week's CPI report, Fundstrat says

for this week, expecting that the index will surge more than 2% to above the 4,500 level, according to a Monday note.

Additionally, last week's sell-off in stocks sparked by a hot ADP jobs report that was followed up by a weaker-than-expected employment report from the Bureau of Labor Statistics provides an attractive entry point into the stock market.

Écrire un Commentaire

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

U.S. stock futures retreat as inflation data and earnings season loomStock futures were lower as the poor sentiment of recent sessions remained.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »