Stocks’ Bad Start to 2024 Has Forecasters On Edge
From Wall Street Journal:
Stocks are experiencing a rocky start in 2024 as major indexes have pulled back in the first two sessions. The S&P 500 has fallen 1.4%, the Dow Jones Industrial Average has declined 0.7%, and the Nasdaq Composite has dropped 2.8%, its worst start to a year since 2005. Proponents of the January Barometer are closely watching the market’s performance in the first month of the year, believing it sets the tone for the rest of the year. Investors are hoping for a turnaround after the strong end to 2023, but concerns remain as the market continues to fluctuate.
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