Market News for Visa Inc class A Shares (V)
The S&P 500 and other major stock indices continue to waver. April continues to be a volatile month. Inflation continues to be sticky with rates growing above 3% for the third straight month in March. There are also other indications that growth may be slowing. Yet, there continues to be reason for S&P 500 Bulls to remain optimistic. For one, the markets have proven especially difficult to predict over the last few years. Just as soon as stocks are predicted to go one way they’ve seemed to go the other. Beyond that, there continues to be hope for one or more rate cuts in 2024. In short, optimism is a far from unreasonable position at the moment. The U.S. economy has proven particularly resilient. That strength has transferred to the stock market. The S&P 500 is the best proxy for the U.S. economy which is yet another reason to remain bullish. Google (GOOG,GOOGL) Source: Benny Marty / Shutterstock.com Google’s (NASDAQ: GOOG , GOOGL ) recent earnings report provides all the reason any investor could need to remain bullish about the stock....
InvestorPlace - 5/2/2024 4:30:00 PM
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Stock Analysis for AXP
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