Top news
Stocks Historically Don't Bottom Out Until the Fed Eases
By Akane Otani
Dow rallies 800 points on Friday to cap big comeback week for stocks
By Jesse Pound & Sarah Min
Dow jumps 600 points, S&P 500 adds 2.5% in comeback from worst weekly loss in 2 years
By Yun Li & Sarah Min
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Formerly TwitterZee Business
ZeeBusiness
The US stock market sees S&P and Dow closing slightly up, extending their streaks despite a drag from Disney. ππΊπΈ
#USStockMarket #SP500 #DowJones #Disney
www.zeebiz.com/markets/global-markets/news-us-stock-market-sp-dow-end-slightly-up-extend-closing-streaks-despite-disney-drag-288699
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Zee Business
ZeeBusiness
Wall Street ends higher for third straight session fueled by rate cut optimism. π
#StockMarket #WallStreet #RateCut
www.zeebiz.com/markets/global-markets/news-us-stock-market-wall-street-closes-higher-for-third-session-on-rate-cut-optimism-288441
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Ryan Detrick, CMT
RyanDetrick
Stocks are a bubble and all the gains are multiple expansion is something we've heard a lot.
Last year, yes, it was all about multiple expansion.
But zoom out. Since 2020, the S&P 500 is up 70%, with 50% coming from earnings and 9% from divs. That tells a much different story. pic.twitter.com/1LB98e8PPY
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Ryan Detrick, CMT
RyanDetrick
Reminder #861 that higher volatility isn't what you want to see if you are bullish.
Yesterday was the first 3-day gain of more than 3% all yr for the S&P 500.
For reference, 2022 saw this 26 times and stocks lost 20%.
2019 stocks were up 30% and it happened only 3 times.
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All coverage
Stocks inch lower as rally attempt on Wall Street falters
By Sarah Min & Pippa Stevens