India stocks are expected to trade only slightly higher by year-end, with analysts predicting a potential correction due to tightening global financial conditions.
The stock market is rising despite bad news, as interest rates lower and stabilizing rates are seen as positive signs.
Stocks started the final week of August on a positive note, but September is historically a bad month for stocks and analysts are warning of more turmoil ahead for the market.
Despite a decline in August, the US market is still in good shape, with a correction in stocks being viewed as a normal breather rather than the start of a bear market, while various trends and indicators suggest a continuation of the bullish trend.
The stock market could reach record highs by the end of the year, as historical data suggests positive returns when stocks are up 10%-20% heading into September, according to Bank of America.
Most stock markets in the Gulf ended lower as investors grew cautious due to volatile oil prices and awaited monetary policy decisions by the US Federal Reserve.
Stocks were lower on Tuesday as September began, with oil prices reaching new highs and Treasury yields rising, putting pressure on the market, while traders awaited more economic data to determine the likelihood of another rate hike from the Federal Reserve.
The stock market opened positively, with the Nasdaq up 0.6%, but later faded; major indexes are below their 50-day moving averages as investors await key economic data midweek.
Stocks opened lower on Wall Street as investors awaited Apple's fall event and key inflation data, with tech stocks leading the retreat while rising oil prices added to worries about inflation resistance.
The stock market is expected to reach new highs by the end of the year, as a leading bond market indicator signals a bullish trend, according to Bank of America.
The stock market has been strong in 2023, but there are still bargains available, such as Block and Safehold, which are slightly above their 52-week lows.
Stocks mostly lower as investors await Federal Reserve's interest rate decision and assess new economic data showing easing core inflation and a cooling labor market, with expectations high for the Fed to hold rates steady.
Investors are expecting volatility in the stock market to increase after a period of low volatility, as headwinds such as potential interest rate hikes, high oil prices, a government shutdown, and other market uncertainties loom.
Stocks closed lower on Wednesday as Wall Street analyzed the Federal Reserve's decision to keep interest rates steady, with the tech-heavy Nasdaq sinking the most, while the Fed's updated forecast showed that interest rates will remain higher for longer than previously anticipated.
