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Despite a shaky start to the year, the S&P 500 stands only around 2% below a fresh record high. Most investors have maintained a rosy view on everything from the U.S. economy and corporate profits to the Federal Reserve's monetary policy trajectory.
The stock market may currently be on autopilot, but that doesn't mean to get complacent. Here are a couple things to watch out for in 2024.
The stock market may currently be on autopilot, but that doesn't mean to get complacent. Here are a couple things to watch out for in 2024.
Foreign institutional investors (FIIs) net sold shares worth Rs 95.20 crore, while domestic institutional investors (DIIs) bought Rs 167.04 crore worth of stocks on December 26, provisional data from the National Stock Exchange (NSE) showed.
Creeping doubts about a Fed shift to cutting interest rates are taking the wind out of the rally's sails.