How good news has become positive for stocks again

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Economic News News

Michael Kantrowitz,Stocks,Piper Sandler

The phrase 'bad news is good news' for stocks used to be true, but now good economic news is good news for stocks. Yahoo Finance's Josh Schafer breaks down a...

The phrase"bad news is good news" for stocks used to be true, but now good economic news is good news for stocks. Yahoo Finance'sbreaks down a chart from Piper Sandler's Michael Kantrowitz taking a look at the impact of economic news on stocks ahead of big economic news out next week, including the CPI report and retail sales.We're taking a closer look at how stocks have been reacting to economic data as economic data has been rather in focus over the last couple of weeks.

But I guess maybe just a reminder that when this number comes out Thursday morning, you always need to read a little bit more into it, right? And unless this report really disappoints to the downside, economists feel OK about where the economy is tracking right now for the third quarter.WASHINGTON — Federal health regulators on Friday declined to approve the psychedelic drug MDMA as a therapy for PTSD, a major setback for groups seeking a breakthrough decision in favor of using mind-altering substances to treat serious mental health conditions.Tim Walz has 'big dad energy.

The market hasn't confirmed its rally attempt, but more leaders are stepping up. Check out these AI stocks not named Nvidia.RCMP union, Saskatchewan communities call for pause on marshals service

 

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