New York Times (September 8)
2024/ 09/ 10 by jd in Global News
“Even by August’s typically volatile standards, markets have been especially choppy this month, with some of the biggest intraday stock swings of the year occurring over the past week.” Earlier in the year, corporate profits allayed investor fears, helping to “drive an impressive rally in the S&P 500. But this quarter has been more mixed, as multiple companies warned of declining consumer demand.” We may be approaching “the end of ‘fun-flation.’”
Tags: Allayed, August, Choppy, Consumer demand, Corporate profits, Intraday, Investor fears, Markets, Mixed, Rally, S&P 500, Stock swings, Volatile
