BECKHAM
07-01-2023, 06:43 AM
The S&P 500 managed to pull out a strong first-week-of-the-year performance on the back of a modest NFPs beat and ISM service sector activity reading that seems to amplify the recession threat. Is the hope of a modest relent from the Fed on rate hikes enough to offset an economic slump? The markets will mull this question over next week.
FOR MORE ... (https://www.dailyfx.com/news/s-p-500-and-dow-break-higher-despite-strong-recession-signal-key-us-event-risk-ahead-20230107.html)
FOR MORE ... (https://www.dailyfx.com/news/s-p-500-and-dow-break-higher-despite-strong-recession-signal-key-us-event-risk-ahead-20230107.html)