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Two weeks ago, we saw another massive sell off in the US stock market but, last week, technology moved back into favor to drive the market back to its highs. With a probable Fed rate cut coming this Wednesday, how will the market react? Will investors jump back into the big tech names that made the first half of 2024 such a boon? This week could be a pivotal inflection point to indicate how the rest of 2024 will pan out for US stocks.
Pantile Investments' Principal David Baines recaps what happened in the US stock market last week and what it means for your trading in the week to come.
By Pantile Investments LLCTwo weeks ago, we saw another massive sell off in the US stock market but, last week, technology moved back into favor to drive the market back to its highs. With a probable Fed rate cut coming this Wednesday, how will the market react? Will investors jump back into the big tech names that made the first half of 2024 such a boon? This week could be a pivotal inflection point to indicate how the rest of 2024 will pan out for US stocks.
Pantile Investments' Principal David Baines recaps what happened in the US stock market last week and what it means for your trading in the week to come.