Yichiro Chino/Getty Images The S&P 500 is in for a 5% drop, according to CFRA’s Sam Stovall. The veteran strategist warned of a veteran backdrop for stocks. The market could see its first “crack on the ice” in the tech sector, he warned. The stock market is in for a correction, as a trio of unfavorable […]
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Broadly speaking, the global backdrop for Asian markets is still bright, with investors confident that the Fed will soon cut U.S. interest rates keeping the dollar, bond yields and volatility in check, and boosting risk assets. But there’s a cloud that […]
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Broadly speaking, the global backdrop for Asian markets is still bright, with investors confident that the Fed will soon cut U.S. interest rates keeping the dollar, bond yields and volatility in check, and boosting risk assets. But there’s a cloud that […]