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Analyst: Brace for a ‘crazy week in the stock market'
AppleApple(US:AAPL) Finbold·2024-01-07 17:32

After staging an end-of-year rally anticipating interest rate cuts, the U.S. stock market has commenced 2024 on a losing streak, with most equities erasing short-term gains.Notably, the stock market’s performance in the first week of 2024 marked the end of a nine-week bull run, signaling one of the worst starts to the year in recent times.This correction comes when investors are torn between the hope of interest rate cuts and the fear that a robust economy may postpone any potential monetary easing.Stock ma ...