The stock market has been under pressure amid soaring prices and widespread recession fears. According to Sound View Wealth Advisors’ Melissa Bouchillon, “As we look to the second half of the year, I would expect more volatility. I don’t think the worst is behind us.”
However, the S&P 500 has gained 5.1% over the past five days, while investors with a bearish outlook for stocks plunged to an eight-week low. Moreover, according to FactSet, 73% of S&P 500 companies defied odds and surpassed second-quarter profit expectations set by Wall Street analysts.
