Rally Retreats on Fed Concerns

What will it take to keep the market running smoothly?

Published: August 20, 2020

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Rally Backs Down on
 Fed Concerns

Global markets dropped this morning as minutes from the last Federal Reserve meeting exposed challenges facing the economy, as well as risks to the medium-term outlook. 


U.S. shares were in line to add yesterday's losses, with futures for both the Dow and S&P 500 down 0.3% ahead of the open. However, the central bank has done everything in its power to slash short-term interest rates and buy as many bonds as needed to keep the markets running without a hitch. 


But there's only so much they can do… 


In today's video, I've got more on how fundamental data is impacting the global economy… the weakest sector in the stock market right now… and two energy stocks that are showing major weakness. 


Get today's market action

S&P 500 Hits New Record High



August 18, 2020

Despite a fresh all-time high in the S&P 500, global markets are rather mixed this morning with European indexes opening little changed and U.S. futures somewhat lower. 


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S&P 500 On Target for Record Close



August 18, 2020

Markets are mixed this morning in Europe and Asia as tech stocks bumped the S&P 500 closer to its record high set in February. 



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