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Datatrek Research

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"Market Rally: S&P 500's Playbook for Bullish Shift and Rebounding Stocks"
finance2 years ago

"Market Rally: S&P 500's Playbook for Bullish Shift and Rebounding Stocks"

DataTrek Research suggests that the S&P 500 may continue its bullish trend before the Federal Reserve's anticipated interest-rate cut, despite increased volatility following higher-than-expected inflation data. The index experienced a significant drop on Tuesday but remains up for the year and since the last rate hike in July. This indicates potential for further gains, with the index rebounding on Wednesday.