Inflation data, presidential debate could sink U.S. summer rally
The typical summer slowdown may be more pronounced this year
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The typical summer slowdown may be more pronounced this year
The typical summer slowdown in U.S. stock markets may be more pronounced this year with inflation jitters and an early presidential debate that have the potential to weigh on a rally that has pushed... -May 26, 2024 at 09:00 am EDT - MarketScreener
The typical summer slowdown in U.S. stock markets may be more pronounced this year due to inflation jitters and an early presidential debate. The rally that pushed the S&P 500 near record highs may face challenges from Federal Reserve decisions and Treasury bond yield movements.
Wall Street has been fixated on AI for over a year, with investor enthusiasm lifting tech stocks and chipmakers. Now, others are in play.
Companies just can’t stop talking about their plans to cut jobs. A recent Bloomberg analysis found that the rate of mentions of layoffs in quarterly earnings