Stock Market Forecast For The Next Six Months Is Stacking Up Well. But Don't Ignore These Risks.
The stock market forecast for the next six months looks bullish, building on the layers of support in place all year.
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The stock market forecast for the next six months looks bullish, building on the layers of support in place all year.
Nvidia's impressive financial performance adds to the strong results from Microsoft, Alphabet, Amazon, and Meta. These results reinforce the belief that the rally in the "magnificent five" continues,
Dow Jones closes 0.1% lower; S&P 500 & Nasdaq 100 fall 0.2%; Mixed data on inflation, jobless claims and housing.
The S&P 500 closed at 5,099.96, up 2.70% for the week; the Dow Jones at 38,239.66, up 0.70%; the tech-heavy Nasdaq at 15,927.90, up 4.2%%.
Stretched valuations and diminished expectations of interest rate cuts make U.S equities vulnerable to sell-offs, David Bahnsen, chief investment officer of The Bahnsen Group, said.