image credit: Freepik

S&P 500: Why US Stocks May Not Feel the Love in February

February 7, 2024

Via: DailyFX

The quiet period after the festive Christmas period has, according to data going back to 2007, witnessed very modest returns for the S&P 500. In fact, over the same time horizon, it represents the third worst month for the index.

With earnings reports for most of the ‘magnificent seven’ behind us, equities may be entering a period where upside momentum begins to slow – particularly ahead of the psychological 5000 level.

Read More on DailyFX