Stocks rose in what seemed like a straight line over the first three months of 2024 as the S&P 500 is up roughly 50 basis points in April to as high as 4.67%, its highest level since November. And as seen last year," is not sending alarm signals yet that things are really at risk," SoFi head of investment strategy Liz Young told Yahoo Finance. "But I think there needs to be some right-sizing of stock valuations.
Screaming Into the Void Despite an astronomical number of red flags, investors who poured their hard-earned cash into former president Donald Trump's Truth Social meme stock are experiencing a rude awakening. As the Washington Post reports, Trump supporters are seething as the value of the social media platform's parent company Trump Media & Technology Group Some Truth Social users bemoaned the crash, looking for someone to blame as the shares continued to tank this week.
Canada's inflation rate ticks up to 2.9% in March amid higher gas prices, boosting June rate-cut bets
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European Stocks Lose Steam on Fear of Middle East EscalationEuropean stocks trimmed gains late in the afternoon as Axios reported that Israeli Defense Minister Yoav Gallant said Israel had no choice but to retaliate against Iran.
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