Stocks Remain at a Junction Point: What’s Next?

From Investing.com:

The S&P 500 index extended its decline after hitting a new high of 4,802.40, but closed higher than the daily low of 4,715. The market is likely to consolidate within the 4,700-4,800 range. Investor sentiment has slightly worsened with 40.4% of individual investors bullish. The Nasdaq 100 reached an all-time high of 16,969.17 before experiencing a sell-off. The VIX broke higher, indicating increased fear in the market. Apple is bouncing off a support level of $180. The S&P 500 futures contract is trading near 4,800 again. Overall, the short-term outlook remains neutral.



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