Stocks Will Need to Deliver on Earnings, but Remember, the Fed Has Rate Cuts in Its Back Pocket
May 01, 2024 at 13:25 PM EDT
Equity Markets Post Worst Month of 2024 Amid hotter inflation, hawkish Fed commentary, and geopolitical tensions, all three major stock market indices were down in April. The Dow Jones Industrial Average (-5.0%) had its worst month since September 2022 while both the Nasdaq Composite and S&P 500 posted their largest monthly declines since September 2023 [...] The post Stocks Will Need to Deliver on Earnings, but Remember, the Fed Has Rate Cuts in Its Back Pocket appeared first on ETF Trends .
