With the way stocks are headed it appears they’re primed for a possible selloff. The inordinate failure of midsize banks is a caveat for investors who are wondering if US stocks are poised for a comeback or a correction.
The convergence of global trends is prompting changes in many industries and altering the sources of companies’ income.
By Geoffrey Muns As US stocks and oil prices leaped as investors held breaths for updates from Ukraine and parsed testimony on the Fed’s plans to raise interest rates. The SPX rose 1.9% on 2nd March, a day after the benchmark index fell 1.6%. The Dow gained 596 points or 1.8%, and the technology-focused Nasdaq […]