Why your 401(k) is happy: Dow Jones reaches new record after Fed forecasts lower rates
The Dow Jones Industrial Average hit a record high Wednesday after the Federal Reserve said interest rates may go down in 2024.
Source: yahoo.com
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S&P 500, Nasdaq Futures Rise On Euphoria Over Fed's Dovish Pivot: Small Caps Set For Another Cheery Session - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)
The Federal Reserve-induced rally appears set to continue, with the stock futures firmly in the green early Thursday. The small-cap party may have started following the group’s relative underperformance for much of the year.
Source: benzinga.com
Wall St loses steam, Treasury yields touch multi-month lows as Fed frenzy wanes
U.S. stocks lost momentum in afternoon trading on Thursday, backing away from session highs while benchmark Treasury yields dropped to multi-month lows after investors rotated out of momentum growth...
Source: marketscreener.com
Year-end rally in U.S. stocks faces twin tests as Fed, inflation data loom
Some investors believe the rise in stocks has left markets more vulnerable to reversals
Source: theglobeandmail.com
An 'extremely rare' stock market signal with a 100% accuracy rate is flashing and points to record highs in 2024
None The stock market is likely to see record highs in early 2024 after an "extremely rare" signal just flashed. • None That's according to Carson Group chief…
Source: biztoc.com