Tag

Cyclical Sectors

All articles tagged with #cyclical sectors

"Market Update: Stocks Pause, Bitcoin Rallies, Trump Given 10 Days in Civil Fraud Case"
finance2 years ago

"Market Update: Stocks Pause, Bitcoin Rallies, Trump Given 10 Days in Civil Fraud Case"

U.S. stock futures traded flat after a breather from the rally, with the Dow, S&P 500, and Nasdaq Composite ending lower following last week's strong gains. Despite concerns of overbought conditions, investors are still expected to increase exposure to the market. Economic data releases and a potential market pullback are on the horizon, but investors are favoring cyclical sectors such as energy, industrials, and materials over defensive positions.