The Stock Market Rally Rebounds After a Rough Start in 2024
The stock market rally had a rocky beginning in 2024, with major indexes experiencing a nine-week losing streak. However, towards the end of the week, the S&P 500 and many leading stocks found support and showed signs of recovery. Despite this, the stock market’s future performance will largely depend on whether it can bounce back from its recent decline. Additionally, equities will continue to be influenced by the bond market, particularly with Treasury yields hovering around the 4% level.
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