From Investing.com: 2024-11-08 08:55:00

The stock market continued its record-breaking streak on Thursday, with the S&P 500 reaching a new high of 5,983.84. However, the Fed announcement did not sustain the rally, and S&P 500 futures indicate a lower opening today. Investor sentiment remains positive, with 41.5% bullish and 27.6% bearish according to the AAII Investor Sentiment Survey. The Nasdaq 100 also hit a record high of 21,132.80 yesterday. The VIX dropped near 15, indicating low market fear. Futures contracts are flirting with 6,000, with support at 5,900-5,920. Overall, the short-term outlook is neutral with potential for a pullback.



Read more at Investing.com: Stocks Rallied: What’s Next for the Market?