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Dow, S&P 500, Nasdaq slip as emerging doubts threaten Wall Street’s rally

After a massive drawdown in the initial reaction to President Trump's April 2 tariffs, major stock indexes have roared back. But following six straight days of gains that have brought the S&P 500 within 3% of a new all-time high, some on Wall Street are cautioning that the next move in markets might not be definitively higher. "I do think there is some complacency ," Charles Schwab chief investment strategist Liz Ann Sonders told Yahoo Finance. Sonders pointed out that at the bottom of the drawdown, investor sentiment hit historically...
Stock Market

S&P 500 snaps 6-day win streak; Dow, Nasdaq slide as tariff relief rally fades

After a massive drawdown in the initial reaction to President Trump's April 2 tariffs, major stock indexes have roared back. But following six straight days of gains that have brought the S&P 500 within 3% of a new all-time high, some on Wall Street are cautioning that the next move in markets might not be definitively higher. "I do think there is some complacency ," Charles Schwab chief investment strategist Liz Ann Sonders told Yahoo Finance. Sonders pointed out that at the bottom of the drawdown, investor sentiment hit historically...
Stock Market

Stock Market Outlook: ‘Bear Killer’ Signal Hints at Strong Rally Ahead

A collapse in volatility suggests that the painful stock market sell-off is over and that a fresh rally could be brewing.That's according to Jason Goepfert, senior research analyst at SentimenTrader, who told BI on Wednesday that the sharp decline in the Cboe Volatility Index, or VIX, flashed a "bear killer" signal.The bullish signal flashes when the VIX surges above 50 and then closes below 30."The signal has triggered, so we would consider it as a compelling input in the current environment," Goepfert said.Since President Donald Trump's "Liberation Day" tariff announcement...