S&P 500: Why US Stocks May Not Feel the Love in February
Seasonal trends suggest that February is an uninspiring month for returns, something that tends to take place in an election year too. Price action disagrees
Source: dailyfx.com
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Seasonal trends suggest that February is an uninspiring month for returns, something that tends to take place in an election year too. Price action disagrees
Today's gains come on the back of buying in strong index heavyweights, a rise in Asian peers, as well as hopes of a US Fed rate cut and a populist budget due later this week. The BSE Sensex soared 896 points to 71,637.61 while the Nifty50 jumped 291 points to 21,429.60.