Stocks: Even More Uncertainty Following Yesterday’s Rally

From Investing.com:

The stock market rebounded yesterday on expectations of monetary policy easing, retracing most of last week’s decline. The S&P 500 gained 1.41% after bouncing from the 4,700 level, following a sell-off last week. Investor sentiment remains bullish, with 48.6% of individual investors remaining optimistic. Today, stocks are expected to give back some of yesterday’s gains. The Nasdaq reached a new all-time high of 16,969.17 but remains weaker than the broader market. The VIX index dropped, indicating less fear in the market. Futures contract bounced from the 4,800 level, with the market trading within a consolidation following a December rally. The short-term outlook remains neutral.



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