S&P 500 win streak, recession chatter: Market Takeaways

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 35 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 63%

Winning Streak 뉴스

Federal Reserve,S&P 500

The S&P 500 (^GSPC) is currently on its longest winning streak since November of 2023, with the index nearing its last all-time high seen in July of this...

since November of 2023, with the index nearing its last all-time high seen in July of this year. This renewed confidence is thanks in part to a recent slew of positive economic data that has been nudging the Federal Reserve toward cutting interest rates in September. That confidence can be seen inStocks closing higher across the board to kick off the week.

You have tech leading, you have consumer discretionary leading, which is also one of the sectors that has a lot of tech names in it, right?And then what happens to the 493 or are we gonna get the rotation that we've been talking about with some of the other sectors playing? A lot of times remember this is a speech where Chair Powell uses it to explain other things, things happening in the economy.Does he just hone in on the action or is he sort of happy with now.Maybe he doesn't need to come out and give a panic speech and maybe things can be ok.

Citizens Financial Group to Participate at the Barclays 22nd Annual Global Financial Services Conference

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 47. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Stock market today: S&P 500, Nasdaq notch longest win streaks of 2024 as August turnaround continuesInvestors are counting down to a speech by Jerome Powell at Jackson Hole that could reset rate-cut expectations.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Stock market today: Dow rises 200 points, S&P 500 advances as wait for Powell beginsInvestors are counting down to a speech by Jerome Powell at Jackson Hole that could reset rate-cut expectations.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Stock market today: S&P 500, Nasdaq, Dow rise as wait for Powell beginsInvestors are counting down to a speech by Jerome Powell at Jackson Hole that could reset rate-cut expectations.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Stock market today: S&P 500, Nasdaq jump higher as key inflation data comes in coolInvestors are anxious for several economic datapoints this week, starting with inflation.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Stock market today: S&P 500, Nasdaq rip higher as key inflation data comes in coolInvestors are anxious for several economic datapoints this week, starting with inflation.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Stock market today: S&P 500, Nasdaq futures jump as key inflation data comes in coolInvestors are anxious for several economic datapoints this week, starting with inflation.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »