Is A Market Pull-Back Coming?

Digital Finance Analytics (DFA) Blog

Mar 09 2024 | 00:21:35

00:00 / 00:21:35

Show Notes

This is our weekly market update. A week of records, and dips this week as shares opened higher in New York on Friday after the February jobs data failed to slow the market’s upward momentum. The S&P 500 initially reset its record high as did Nvidia, AMD, Meta Platforms and Super Micro Computer In early trading as Nvidia rose 5 per cent and Apple recovered above $US170 a share. But the rally stalled as Wall Street took profits, while U.S. Treasury yields dipped after the Labor Department said U.S. job growth accelerated in February, even as the unemployment rate jumped […]

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