Market Week: A Look At U.S. And China Consumers, And These Fast-Moving Stocks
Posted on AllSides August 9th, 2024
From The Right
After a steep drop on Monday, the Nasdaq, S&P 500 and Dow industrials made their way back to an almost flat performance for the week. The rebound was off a break of support at the 200-day moving average for all three major indexes. The rebound set up a positive sense of momentum for the coming week, but uncertainty over the jobs picture and the mood of the consumer remains. So, with earnings season off its peak, data may be the stock market's best catalyst in the days ahead, with inflation...
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