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S&P 500 rises Friday: What will happen next?
Event Description
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S&P 500 rises above 4,300 for the first time since August, heads for four-week winning streak. The S&P 500 Index entered a bull market Thursday as stocks rallied back from last year’s lows. A bull market is typically defined as a rebound of at least 20% from a recent bottom. Investors looked ahead to new inflation data set for release next week, along with the Federal Reserve’s latest policy announcement. Investors were encouraged by signs that a broader swath of stocks, including small cap equities, was participating in the recent rally, though some market participants warned that those gains may not last. Show More
S&P 500 rises above 4,300 for the first time since August, heads for four-week winning streak. The S&P 500 Index entered a bull market Thursday as stocks rallied back from last year’s lows. A bull market is typically defined as a rebound of at least 20% from a recent bottom. Investors looked ahead to new inflation data set for release next week, along with the Federal Reserve’s latest policy announcement. Investors were encouraged by signs that a broader swath of stocks, including small cap equities, was participating in the recent rally, though some market participants warned that those gains may not last.

Summary:
•The Dow Jones Industrial Average inched up 56 points, or 0.1%
•Rally led by big tech stocks with Nasdaq 100 up 32% this year
•Treasury yields climb as investors prepare for Fed rate meeting
•FOMC is expected to pause its interest rate hiking campaign at the end of its two-day meeting next week

Q:
1. How long might the bull market run?
2. FOMC may pause its interest rate hiking. What that means for you?

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