Strong January is a Good Omen for Wall Street: 5 Growth Picks
ANETArista(ANET) Zacks Investment Research·2024-01-31 22:21

The S&P 500, after posting a whopping 24% gain in 2023, is continuing its winning streak this year. The S&P 500 enjoys a bull market and has touched record highs after spinning in a tight trading range for quite some time. The broader index gained more than 3% in January, as solid economic growth crushed recession fearmongering while inflationary pressure cooled down to levels that encouraged the Federal Reserve to take a dovish stance. The uptick in consumer outlays and strength in the labor market helped ...