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Stock impact report

Wall Street Doom Prophesy Falls Flat on Hottest Rally Since 2016 [Yahoo! Finance]

StoneX Group Inc. (SNEX) 
Company Research Source: Yahoo! Finance
(Bloomberg) -- In the telling of Wall Street worrywarts, as 2023 drew to a close, the biggest financial markets on the planet were heading into the danger zone. Most Read from Bloomberg US Probing Indian Billionaire Gautam Adani and His Group Over Potential Bribery A $2 Billion Airport Will Test Modi's Mission, Adani's Ambitions Fed Seen Sticking With Three 2024 Cuts Despite Higher Inflation Bitcoin Extends Retreat From Record as ‘Bubble' Talk Escalates Stocks Fall as ‘Triple Witching' Spurs Volume Jump: Markets Wrap After a ferocious fourth-quarter rally, the fate of the S&P 500 rested on just seven companies with doubtful earnings prospects. Infamous hedge-fund trades were threatening to destabilize the already unstable Treasury market. Trillions of dollars in debt were coming due while consumers were running out of pandemic-era savings fast. More than three months later, what's kicking off instead is a fresh bout of speculative euphoria. While the S&P 500 just ende Show less Read more
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