S&P 500 and Dow Jones thriving as indexes reach record highs; What’s next?

From Finbold.:

Finance indicators like the S&P 500 and Dow Jones hit record highs, hinting at a robust economy amidst macroeconomic challenges. Both indexes showed strong momentum in the monthly RSI, suggesting continued uptrend. However, JPMorgan CEO Jamie Dimon warned of troubling times ahead due to global inflation and geopolitical tensions redirecting capital flow. The AI surge boosted tech stocks like NVIDIA, driving Nasdaq Composite to new highs. The market watches for the Fed’s interest rate decision on March 20, anticipating no change for now. High rates historically trigger recessions, potentially impacting stocks and cryptocurrencies at current highs.



Read more at Finbold.: S&P 500 and Dow Jones thriving as indexes reach record highs; What’s next?