S&P 500 Shows Strength in Early 2024-Q3 Amid Economic Indicators Shift

Monday, 8 July 2024, 12:35

The S&P 500 displayed robust performance in the initial week of the new quarter, drawing investor interest towards the upcoming outlook for 2024-Q3. A notable increase in unemployment figures activated Claudia Sahm's recession indicator, signaling potential economic shifts.
Seeking Alpha
S&P 500 Shows Strength in Early 2024-Q3 Amid Economic Indicators Shift

S&P 500 Performance in 2024-Q3

The S&P 500 had a strong week to start the calendar quarter for 2024-Q3.

Economic Indicator Impact

The combination of rising unemployment numbers triggered former Fed economist Claudia Sahm's recession indicator.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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