Reported about 1 month ago
The stock market has rebounded from earlier August growth concerns, with some analysts suggesting that the previous sell-off was overdone. Upcoming potential Federal Reserve rate cuts and strong corporate profits bolster a positive outlook for the fall, particularly for technology and small-cap stocks, while consumer discretionary sectors like Disney and Airbnb warrant caution. Yahoo Finance's Brian Sozzi discusses these insights with Raymond James CIO Larry Adam in this edition of Opening Bid.
Source: YAHOO