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S&P 500, Dow snap losing streaks for best week since November 2020
By Hannah Miao & Tanaya Macheel
Dow rises for a fifth straight day, S&P 500 and Nasdaq on pace to snap 7-week losing streaks
By Jesse Pound & Tanaya Macheel
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Formerly TwitterLiz Ann Sonders
LizAnnSonders
S&P 500’s rolling 1-month correlation has moved higher but remains low relative to history (especially when comparing to prior corrections) pic.twitter.com/0xGM4kieRc
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Liz Ann Sonders
LizAnnSonders
This week will be busiest of 1Q24 earnings season as >1/3 of S&P 500 constituents will announce, including 4 of the Mag7 (Alphabet, Meta, Microsoft and Tesla); former 3 have outperformed S&P 500 YTD, not same for Tesla, dragging down S&P Composite 1500 Autos
@SPDJIndices pic.twitter.com/TXtrJrQESf
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Ryan Detrick, CMT
RyanDetrick
S&P 500 with a max pullback of 5.5% in '24 so far.
Since 1980, only 4 full years saw a smaller pullback.
Avg yr since 1980 with a 14.2% max pullback. pic.twitter.com/2SZwV4mwlL
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