Stock Market Update: Optimism Fuels Best Week of 2024

Reported about 2 months ago

U.S. stocks are poised for a slight dip after a strong week marked by rising investor confidence in a soft economic landing, fuelled by positive retail sales data and lower inflation rates. The S&P 500 witnessed a notable 3.7% weekly gain, while gold prices reached an all-time high amid concerns over inflation and currency depreciation, pointing to a vigorous market outlook as the Federal Reserve approaches potential rate cuts.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis