The S&P 500 (^GSPC) is coming off of eight consecutive days of gains, briefly touching back above 5,600 Tuesday morning — above several financial firms' year...
, briefly touching back above 5,600 Tuesday morning — above several financial firms ' year-end targets, including JPMorgan's. With the end of the year in sight, what catalysts can cause the market to continue to rally? or, could there be a pullback?
Um And you know, to us, this does make sense and it's this, we saw this obviously very sharp knee jerk reaction earlier in the month of the softer payrolls report.But ever since then, we've been getting more positive economic data and so you can see other parts of the market start to take place and or start to participate.
So that, that's what I was gonna ask how much of this has to do with the FED cutting in terms of the timeline.And after how much of that do you think is important when we're talking about that broader breadth?Because you've seen the market gone go from pricing almost the surety of a 50 basis point cut to now it's closer to like 25 basis points.
So, Abby talk to us more specifically, I guess where you're seeing those investment opportunities right now, we talked a lot about the wider breath.That hasn't necessarily been the case when you look back over the last 12 to 18 months.So, I mean, our favorite sectors are tech still, but we also have industrials and health care.
So that to us, we think maybe there's some hesitation on owning it into the election but still a very attractive long term hold.Israel central bank chief calls on Netanyahu to get moving on 2025 budget Data Security Posture Management Market Report 2024-2034, with Profiles of Sentra, Flow Security, Dig Security, Saasment, Cyera, Concentric AI, Protecto, Cisco Systems and OneTrust
Consecutive Days Abby Yoder Financial Firms
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
S&P 500, Nasdaq seek to extend win streak, stocks open lowerUS stock market averages (^DJI, ^IXIC, ^GSPC) open Tuesday's session slightly lower, just below their flatlines. The Nasdaq Composite and S&P 500 hope to...
Read more »
Stock market today: S&P 500 eyes a return to its longest win streak this yearMarkets are marking time as anticipation builds for Fed Chair Powell's speech at Jackson Hole, expected to usher in a rate cut.
Read more »
Morning Bid: S&P 500 hunting cloud nineIf it does, that would be the longest such streak since 2004, on Deutsche Bank's calculations. That's a solid recovery and explains why the mood feels...
Read more »
‘1000-lb Sisters’ Star Tammy Slaton Reveals 500-Pound Weight Loss In Emotional VideoSharing a clip with her fellow 'weight loss warriors,' Tammy Slaton said, 'I’m happy to call y’all my friends. I’m so proud of each and everyone of y’all.'
Read more »
Fish, shellfish, marine birds anchored coastal B.C. diet 500 years agoResearch by the Tsleil-Waututh Nation uncovers protein-rich pre-colonial menu
Read more »
S&P 500 win streak, recession chatter: Market TakeawaysThe 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...
Read more »