Stay updated with breaking news from Jonathan Krinsky. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
S&P 500 Flashing Rare Signal Suggesting Market Rally Has Legs, Says Bank of America What is the S&P 500's Rare Signal? The S & P 500 is flashing a
Some analysts expect the recent market rally to have staying power.
Producers of metals and other raw materials fell slightly after a prolonged run-up, as investors braced for inflation data and Federal Reserve interest-rate move next week. "Our view remains that we had a big run in the megacaps that led to a rotat... | Jun. 08
Equities extended losses for the second day as the Labor Department’s JOLTS report showed job openings unexpectedly surged to over 10 million in April - the highest number in three months. While this release reinforced speculation the Federal Reserve will have room for another interest-rate hike over the next two meetings, it’s very hard to lend to much credence to this data point.
A "correction looms" if the recent stock market rally doesn't expand beyond large tech stocks, technical analysts warn.