Amid earnings declines, Corporate America sees signs of profit growth, indicating a potential turning point for businesses. Positive indications for future growth.
Bank of Japan's decision to raise yields triggers US stock market decline. Impact on Wall Street and market reactions. Potential rate hike by Federal Reserve.
Market strategists suggest that the recent stock market rally may not be over yet, with potential for more gains. Economic data and lower inflation have been driving the uptrend, while investor positioning remains largely conservative. Strong starts to the year often lead to above-average returns, according to analysts, with high-quality bonds and small- and mid-cap equities presenting attractive opportunities. Investors should be wary of possible risks, but a market crash is not expected.
Retail investors are flocking back to the stock market, drawn by the hype around AI, with Nvidia taking centre stage. The US debt ceiling resolution further encourages investors, with a three-month high of $1.36bn inflow seen over the last week. Economic data, bullish sentiment, blue-chip, and small-cap stock purchases are all positive signs. The AI trend shows no sign of slowing, and with the retail influx yet to reach concerning levels, the outlook looks positive, despite fears of an impending recession.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?