Euro Optimism Gets a Reality Check, as Investors Reevaluate Rate Prospects

Euro bulls may have to temper their exuberance after the rush to invest in the single currency, which may have left it vulnerable in the short term, especially given the uncertainties surrounding the interest rate plans of several major central banks. The euro reached its highest level in ten months versus the dollar earlier this…

NASDAQ Soars 10.7% in January: A Look at its Historical Performance

The technology-heavy Nasdaq Composite gained more than 10% last month following a dismal year in 2022, with history showing that the stock-market index does well in the following 12 months — except in 2001, according to Bespoke Investment Group. According to Dow Jones Market Data, the Nasdaq finished January with its best January performance since…

S&P 500 Still Likely to Have Losses In the Horizon

The S&P 500 could have another bad year, according to Wall Street analysts and bankers, who warn that the benchmark stock index is still not a safe bet for investors in the face of a slew of macro and market challenges. The S&P 500 plummeted 20% in 2022, as inflation rose and the Federal Reserve…