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Recession canceled? U.S. stock market ‘pretty frothy’ after S&P 500’s strongest first half since 2019.

Por: MarketWatch Business July 02, 2023

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That “created this environment for risk assets to run higher,” said Torres. And then, the artificial-intelligence craze has more recently driven “momentum” in U.S. stocks, he said. “I think the market goes lower from here.” The S&P 500 in mid-March was trading near its starting level in 2023, as regional-bank woes weighed on stocks before the Fed’s intervention that month. The central bank’s , announced March 12, helped shore up... + full article



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