Wed, April 30, 2025
Tue, April 29, 2025

Stock Market Today: Have We Seen the Bottom for Stocks?

The article discusses the recent performance of the stock market, focusing on the S&P 500's significant drop of 1.6% on a specific day, marking its worst day since March and bringing it close to a 10% decline from its July high, which is considered a correction. Despite this downturn, there is debate among investors about whether the market has hit its bottom, with some believing that the current economic indicators, such as rising bond yields and persistent inflation, suggest further declines might be on the horizon. The article also mentions that while some sectors like energy and utilities have performed well, others like technology have been hit hard, contributing to the overall market volatility. Additionally, the piece touches on the Federal Reserve's influence on the market, with expectations of continued high interest rates to combat inflation potentially putting more pressure on stock prices.

Read the Full Kiplinger Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/stock-market-today-have-we-seen-the-bottom-for-stocks/ar-AA1DNGn0 ]