The strong year-to-date gain in the US stock market is broad based, led by shares in communications services and health care, based on a set of sector ETFs through Monday’s close (Feb. 26). But the party has yet to spill over into utilities and real estate, which remain downside outliers this year.
Daily Archives: February 27, 2024
Macro Briefing: 27 February 2024
* US government remains headed for partial shutdown on March 1, but…
* April 30 may be more consequential for government shutdown risk
* Fed wants more “certainty” on inflation before rate cuts: Moody’s Analytics’ Zandi
* Hedge funds turn cautious on outlook for tech stocks
* Texas factory activity stabilizes in February
* New US home sales edged higher for a second month in January:
