HomeMarketsU.S. EconomySPX Breadth 'Not Terrible,' Consumer 'Not Falling Off a Cliff'

SPX Breadth 'Not Terrible,' Consumer 'Not Falling Off a Cliff'

Today painted a mixed Big Picture for the market. Charles Shwab's Kevin Gordon notes market breadth is holding short-term despite a majority of stocks lagging today. He also notes growth slowdown, though strong fundamentals in earnings will support stocks long-term. Joe Mazzola points to a slight pullback in the consumer but believes there's no reason to ring alarms yet.

Market On Close

20 Feb 2025

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