S&P Surges, Bears Roared; 6500 Resistance Next
Durham News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The S&P 500 surged nearly 3% on March 31st, marking its strongest day in ages, as geopolitical fears eased and most downside already baked into prices. Oil prices temporarily spiked, but the market sees it as temporary. Interest rates remain a wildcard, with the ten-year Treasury yield nearing 4.5%. Morgan Stanley holds a bullish year-end target of 7,800 if recession stays off the table.
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