Soft-Landing Hopes Resurface: Top 5 Momentum Stock Picks

Last week was fabulous for U.S. stock markets as the three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — rallied 2.9%, 3.9% and 5.2%, respectively. The broad-market index — the S&P 500 — recorded its best week since November 2023. This helped Wall Street to recoup all losses that it suffered during the meltdown in the first week of August. The meltdown was driven by weak nonfarm payrolls of July that raised concern of a near-term recession as a section of economists and financial exp ...