HomeLifestyleRetailSofter Economic Data Could Lead To Weakening Profit Outlook

Softer Economic Data Could Lead To Weakening Profit Outlook

Small caps have lifted courtesy of the decline in yields, notes Liz Ann Sonders. She and Joe Mazzola discuss the takeaways from today’s market weakness. Mazzola highlights that softer economic data could lead to a weakening profit outlook. He talks about how technicals have remained strong this week as the SPX and NDX are both well above their major moving averages. They then go over the fundamental status of small-cap stocks. Tune in to find out more about the stock market today.

Market On Close

16 Nov 2023

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