Monday, 30 July 2018 08:44

Here are the Catalysts for Another Stock Surge

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(New York)

The S&P 500 just recently emerged from its longest correction period in over 30 years. The big question is what will it do next. Well, there are a number of key issues/events that could either send it tumbling again, or push it higher. Three are easy to see on a timeline: this Friday’s jobs report, a Fed policy meeting, and another week of corporate earnings (140 companies in the S&P 500). There is also the looming trade war/tariff issue that could threaten the market, or support it, at any time.


FINSUM: Look out for the jobs report this Friday. There is going to be very high expectations, and if things don’t go as planned, the market could have a seriously adverse reaction.

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