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Strong Quarterly Results Drive US Stock Market Gains Despite Economic Slowdown /
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2024-06-21 16:00:46

Strong Quarterly Results Drive US Stock Market Gains Despite Economic Slowdown on Nostr: US Stock Market Faces Potential Retracement as Investors Shed Equity Funds ...

US Stock Market Faces Potential Retracement as Investors Shed Equity Funds
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#8e73873c ver:0.57

US stock market faces potential retracement as investors shed equity funds. Dow Jones closes at one-month high, while Nasdaq and S&P 500 pull back from record highs. Profit-taking and economic data contribute to the downturn. Analyst predicts a 5% or more decline based on historical patterns. JPMorgan CEO warns of a 'hard landing' for the US economy. Investors have shed nearly $30 billion of US equity funds in the past two weeks. Technicals suggest a deeper correction may be on the horizon. #StockMarket #Retracement #Investors #Economy...

#newstr #UsStocks #EquityFunds #TechnicalAnalysis #Pullback

https://here.news/story/8e73873c?ver=0.57
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