Stocks Rebound, Bullish Sentiment
This is a US news story, published by Yahoo Finance (Canada), that relates primarily to Jared Blikre news.
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trading day takeawaysYahoo Finance (Canada)
•Dow hits record high, declining volatility: Trading takeaways
71% Informative
Wall Street is feeling bullish as Bank of America's October global fund manager survey showed a jump in sentiment.
Meanwhile, the volatility index (^VIX) is down just below 20 , and if it continues declining, US equities and risk markets could receive a significant boost.
Yahoo Finance Data and Markets Editor Jared Blikre breaks down some of his biggest takeaways from the trading day .
We have equities at record high, but you got to pay attention that uh this is we're getting into Froth and Fomo land here.
The last time we saw markets at all time highs and the VIC over 20 was in 2020 .
If we get a decline going forward, that's gonna be very bullish for risk for equities and risk markets.
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