S&P 500 rose late session in expectation of bolstered rate cutting bets via cooler GDP
globalreutersMarch 28, 20241 Mins read S&P 500 rose late session in expectation of bolstered rate cutting bets via cooler GDP (and unemployment claims), but that didn‘t happen – the bulls have one more obstacle ahead of core PCE to grapple with – and they stand better chance of doing so (forcing a draw at least) today than as regards next week‘s opening gap as markets are closed tomorrow – Happy Easter if you celebrate! This is how I summed it up in the GDP run up in our channel.
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