Stocks Make Comeback at End of Dizzying Week: Markets Wrap
- S&P 500 notches its best back-to-back advance this year
- Bond traders trim their bets on aggressive Fed rate cuts
WATCH: JPMorgan Asset Management’s Aisa Ogoshi says the firm is “becoming more selective” about tech stocks.
Source: BloombergThis article is for subscribers only.
A rebound in stocks in the final stretch of a wild week drove the market to its biggest back-to-back advance in 2024.
That semblance of calm stands in stark contrast to the recent gyrations that rattled the global financial world. After the many ups and downs — including Monday’s panic selling — the S&P 500 nearly wiped out its losses for the week.