Stocks continued their rebound today as buyers returned to major Nasdaq stocks like Apple and Netflix. That’s let the S&P 500 hold its 50-day moving average, despite the Federal Reserve starting to discuss less accommodative monetary policy. It comes after authorities lifted mask mandates, creating the potential for quicker employment growth.
Sarah discusses the new backdrop with David Russell of TradeStation. They examine the improved inflation backdrop as commodities like oil slide. They also explore stocks like videogame makers and media companies, which are trying to bounce after weeks of underperformance.
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