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Market still has room to grow to the upside: Mark Malek

DeFi Daily News by DeFi Daily News
August 19, 2024
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Market still has room to grow to the upside: Mark Malek
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Stock market indexes (^DJI, ^IXIC, ^GSPC) capped Monday’s trading session in positive territory, with the S&P 500 and Nasdaq Composite pulling off their eighth-straight day of gains.
Siebert Chief Investment Officer Mark Malek joins the Market Domination Overtime team in-studio to talk about his perspective on earnings season, what to expect from the Federal Reserve at this week’s Jackson Hole Economic Symposium, and the market’s sentiments on economic policy proposals from the Harris and Trump campaigns.
“Earnings came out pretty positively, I think certainly on the retail side we were listening to any shifts in consumer sentiment and we did hear that, but that was largely expected. In terms of tech, people are looking for tech to knock it out of the park, well beyond what analysts are expecting,” Malek tells Yahoo Finance.
#youtube #news #stockmarket

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

– Get the latest news and data at finance.yahoo.com

– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

– Follow Yahoo Finance on social:

X: http://twitter.com/YahooFinance
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Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance

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Tags: BondsbusinessCurrenciesEquitiesFXGrowInvestingInvestmentMalekMarkMarketMarketsMoneyNewsNYSEPersonal FinancePoliticsroomSavingsStock marketstocksUpsideYahoo FinanceYahoo FInance Premium
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