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Zenger
Zenger
Business

NASDAQ, S&P 500 Futures Signal Shaky Start: Why This Analyst Thinks A Headwind Lies Ahead

Nasdaq US Federal Reserve Recession United States
Stock market numbers are displayed on a screen at the New York Stock Exchange during afternoon trading on June 02, 2023 in New York City. (Photo by Michael M. Santiago/Getty Images)

Stocks appear to pause for a breather after last week’s strong rally, as economists discuss the possibility of a looming recession. With the debt limit impasse in the rearview mirror, the market’s focus shifts to the June Federal Open Market Committee meeting, which is a week away. Opinions are divided over whether the Fed will pause or continue with a measured pace of rate increases.

In this photo illustration a Nasdaq logo seen displayed on a smartphone screen and an Exchange graph on a MacBook screen in Athens, Greece on May 10, 2023. (Photo Illustration by Nikolas Kokovlis/NurPhoto via Getty Images)
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