Stocks Near New Highs
Stocks are approaching new highs as investors eagerly anticipate the August jobs report. The S&P 500 (SPX) is currently above 6500, raising expectations for market movements based on the report’s outcome.
Potential Market Reactions
Kevin Green suggests that a strong jobs report could encourage additional buying, while a disappointing figure might result in increased market volatility. Investors are closely monitoring this upcoming data for potential implications on market trends.