Reported 5 days ago
The US stock market is experiencing its best start to a year since 1997, with the S&P 500 up 20.8% in 2024, driven by strong consumer spending and optimism over the economy's soft landing. Despite concerns from geopolitical tensions and supply chain issues, investor sentiment remains high, reflecting significant improvements in market dynamics since earlier recession fears. The CNN Fear & Greed Index indicates a shift from 'extreme fear' to 'extreme greed' as markets continue to reach record highs.
Source: YAHOO