Big Tech drives S&P 500 to best week since November as investors shrug off inflation worries-MarketWatch So we had a GDP number that signals possible stagflation and a PCE that was in line, but continues to show sticky inflation, and the market rallied on Friday. Interestingly, and perhaps importantly, SPY tried to test it’s 50 day and failed.
Financial News vs. Noise
Financial News vs. Noise
Financial News vs. Noise
Big Tech drives S&P 500 to best week since November as investors shrug off inflation worries-MarketWatch So we had a GDP number that signals possible stagflation and a PCE that was in line, but continues to show sticky inflation, and the market rallied on Friday. Interestingly, and perhaps importantly, SPY tried to test it’s 50 day and failed.