Stock Market Rally Continues Despite Confusing Week: What's Next

Stock Market Rally Continues Despite Confusing Week: What’s Next – Full Information

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A key point of conflict requires resolution

Despite a Friday stumble, stocks ended a turbulent week with another round of solid gains, keeping 2023’s young but robust stock-market rally very much alive.But a cloud of confusion also sets over the market, and it will eventually need to be resolved, strategists said.

Stock Market Rally Continues Despite Confusing Week: What's Next
Stock Market Rally Continues Despite Confusing Week: What’s Next

Stocks rose early in the week as traders continued to bet that the Federal Reserve won’t follow through on its forecast to push the federal funds rate to a peak above 5% and hold it there for the next few years. But by the end of the week, doubts had crept in about the Fed’s resolve, and stocks sold off.

The market will need to find a resolution to this conflict soon, or else the rally could falter.

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