Reported 2 months ago
Last week saw significant market fluctuations, with major stock indexes experiencing their worst one-day losses since September 2022 before regaining most losses within the week. Factors contributing to this volatility included overbought tech stocks, market turmoil in Japan, political tensions ahead of the U.S. Presidential election, and ongoing conflicts such as the Ukraine-Russia war. The coming week is anticipated to further shake the markets, driven by crucial economic reports, earnings announcements from companies like Nvidia and Home Depot, and discussions on potential Federal Reserve interest rate cuts during a central bankers' meeting.
Source: YAHOO