Stocks reached record highs with potential market correction signaled by low VIX
From Investing.com: 2024-12-03 08:52:00
Stocks hit a new record high on Monday, with the S&P 500 closing 0.24% higher. Tech stocks rebounded, with the Nasdaq 100 surpassing its November record. Investor sentiment weakened last week, with more bearish individual investors. The Nasdaq 100 closed 1.12% higher on Monday, reaching a new all-time high. The VIX hit a new low, signaling a potential market correction. S&P 500 futures consolidated higher, hitting a new record high. Stock prices are expected to move sideways, with a potential short-term correction. The short-term outlook remains neutral, despite record highs and increased volatility.
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