The Tell: Stock-market bottom or bear market bounce? What traders want to see as S&P 500 extends gain

0
46

U.S. stocks on Wednesday were attempting to build on a big and broad Tuesday bounce, but skeptics aren’t yet convinced the move is more than a bear-market rally.

Tuesday’s rally was “undoubtedly impressive, especially following a sharp reversal lower the previous day,” said Kevin Dempter, a technical analyst at Renaissance Macro, in a Wednesday note.

Market…

This article was originally published by Marketwatch.com. Read the original article here.

Previous articleU.S. stocks open slightly lower as investors await more earnings reports
Next articleOil prices end lower after a 3-session climb; natural gas rallies

LEAVE A REPLY

Please enter your comment!
Please enter your name here