Action Forex · 1 min read

The S&P 500 Is Counting on Support from the Fed

The S&P 500 Is Counting on Support from the Fed

Bulls recommend buying on dips in the S&P 500. Corporate earnings growth is slowing. Strong US labour market data failed to reassure investors. Signs that the use of artificial intelligence is not leading to job losses were expected to dampen the sell-off in the equity market. In fact, the S&P 500 and Nasdaq-100 have stabilised […] The post The S&P 500 Is Counting on Support from the Fed appeared first on ActionForex.

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