Reported 3 days ago
Stocks are on track for their best weekly performance since 2023 following a relief in the bond market and easing fears of a foreign investor exodus. Despite ongoing volatility due to trade tensions and macroeconomic uncertainties, reports of a potential Federal Reserve intervention have buoyed market sentiment, pushing the S&P 500 up approximately 1.5%. Economists remain cautious, warning of a looming recession despite optimism in the stock market. Investors are advised to be wary of short-term gains amidst ongoing uncertainty.
Source: YAHOO