The recent retreat in the stock market has made many worried about a deeper correction. Lingering inflation concerns, rising Treasury yields and a shifting outlook for Federal Reserve interest rate policy prompted a market pullback, with the S & P 500 almost 4% off its 52-week high as of Tuesday. Last week, the equity benchmark suffered its worst weekly performance since October 2023.
"History once again reminds us that, for long-term investors, it has typically been better to buy than bail," Stovall said. .SPX 1Y mountain S & P 500 More to go? From a technical perspective, the S & P 500, trading around 5,060, is now firmly below its 50-day moving average — which points to more trouble ahead, according to BTIG chief market technician Jonathan Krinsky. "This correction likely has more to go," Krinsky said in a note.
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Stock market today: Asia stocks rise with market focus on signs of interest rate cutAsia stocks are mostly higher, with investors mainly focusing on a U.S. inflation report and what it means for interest rate cuts by the Federal Reserve. Oil prices advanced while U.S. futures were mixed. The yen weakened, coming close to a 34-year low.
منبع: AP - 🏆 728. / 51 ادامه مطلب »
Stock market today: Hong Kong stocks lead Asia market gains while developer Vanke slumpsHong Kong stocks are leading gains in Asian markets while investors evaluate economic data from South Korea and Australia. U.S. futures were lower while oil prices rose. China real estate developer Vanke’s Hong Kong-listed shares slumped 11.4% on Tuesday after the company reported last week of a notable decrease in profit and no dividend payout.
منبع: AP - 🏆 728. / 51 ادامه مطلب »
Stock market today: Hong Kong stocks lead Asia market gains while developer Vanke slumpsHong Kong stocks are leading gains in Asian markets while investors evaluate economic data from South Korea and Australia.
منبع: ksatnews - 🏆 442. / 53 ادامه مطلب »
Stock market today: Hong Kong stocks lead Asia market gains while developer Vanke slumpsHong Kong stocks are leading gains in Asian markets while investors evaluate economic data from South Korea and Australia.
منبع: wjxt4 - 🏆 246. / 63 ادامه مطلب »
New market highs, IPO market heats up, and a good sign for Stanley Black & DeckerEvery weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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