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The S&P 500 is about to cross a level that could spell the end of the bear market

The S&P 500 is about to cross a level that could spell the end of the bear market

The stock market has spat at times over the past three weeks, but statements from Federal Reserve Chairman Jerome Powell on Wednesday prompted the S&P 500 SPX, -0.09% jump above a technical resistance level at 4030 points. The benchmark is now challenging the downward 200-day moving average (MA) and the trendline that defines the bear …

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Stock market rally amid FTX blast and Facebook-parent layoffs, says investors could whistle past recession graveyard

Stock market rally amid FTX blast and Facebook-parent layoffs, says investors could whistle past recession graveyard

Investors stunned by last week’s strong rally in stocks may want to listen to Tom Waits’ song, 1978’s “Whistlin’ Past the Graveyard,” to sober up the dangers that still lurk. The surge in stocks catapulted the S&P 500 SPX index, +0.92% TO SPY, +0.97% almost back to the 4,000 mark on Friday, also taking it …

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