Strategists Say the Stock Market Could Struggle This Fall. What to Buy Now?
What a year this has been for the markets!Fueled by a torrent of monetary and fiscal stimulus, economic and earnings growth, and a mostly receding pandemic, theS&P 500stock index has rallied 20%, notching seven straight months of gains and more than 50 highs along the way. And that’s on top of last year’s 68% rebound from the market’s March 2020 lows.Tailwinds remain in place, but headwinds now loom that could slow stocks’ advance. Stimulus spending has peaked, and economic and corporate-earnin
Some of China concepts stocks dipped in premarket trading
Some of China concepts stocks dipped in premarket trading.Alibaba Group Holding Ltd. shares sinks nearly 4% in premarket trading.Alibaba Group Holding Ltd. shares slumped as much as 5.4% to a record low in Hong Kong on Thursday, extending a selloff in Chinese technology giants after Beijing hit the industry with a fresh round of regulations.Shares dropped after China said it is studying separate proposals to further ensure the rights of drivers who work for online companies and to step up overs