US stocks will need some post-opening help to keep the winning streak going
The S&P 500 is on a three-day winning streak as the market sorts out the election. The index hit a record high at 5983 yesterday but futures point to a 4 point decline at the open.I spoke to Reuters yesterday and highlighted the dynamic:The market is pricing in a return of the first version of Trump, not the guy who is saying he's putting on 10 percent across-the-board tariffs," said Button. I think the optimism can continue but it's going to be a bumpy four years. This article was written by Adam Button at www.forexlive.com.
The S&P 500 is on a three-day winning streak as the market sorts out the election. The index hit a record high at 5983 yesterday but futures point to a 4 point decline at the open.
I spoke to Reuters yesterday and highlighted the dynamic:
The market is pricing in a return of the first version of Trump, not the guy who is saying he's putting on 10 percent across-the-board tariffs," said Button.
I think the optimism can continue but it's going to be a bumpy four years. This article was written by Adam Button at www.forexlive.com.
