Stocks rallied again on Wednesday with the S&P 500 and Nasdaq both hitting record closes. Three investors share the trends they’re seeing in the market.
Stocks rallied again on Wednesday with the S&P 500 and Nasdaq both hitting record closes. Three investors shared the trends they’re seeing in the market and the areas they think could climb higher. Anastasia Amoroso, chief investment strategist at iCapital Network, says fear of the Federal Reserve has faded, paving the way for fresh highs. « I think the expectations for the Fed to do anything at Jackson Hole have been lowered quite a bit, and that was a big worry. If the Fed was talking about tapering… amid the surge in delta [Covid] cases, that was not going to be great for the market.
