gaining about 16% since its low point in October, but some of the market’s best performers could now be at risk of short selling.
The Federal Reserve has been lifting interest rates in order to cool record-high inflation by reducing economic demand. Now, inflation is declining and markets are optimistic the Fed could stop its rate hikes soon—even if Friday’s stronger-than-expected jobs report throws some cold water on that narrative.
Market Extra: The stock-market rally survived a confusing week. Here’s what comes next.
36% of millionaires say it’ll ‘take a miracle’ to retire amid rising costs and a shaky market — how to get on the right track even if you don’t have $1 million in the bank
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