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Benzinga
Benzinga
Business
Rishabh Mishra

Stocks Just Hit Rare Golden Cross For 1st Time Since 2023 — Here's What It Means For Investors

SP Barchart QQQ
S&P 500

The S&P 500 and Nasdaq 100 indices have formed a “golden cross” on their charts, indicating the possibility of a “long-term bull market,” according to the experts.

What Happened: According to an iShares MSCI World ETF (NYSE:URTH) chart, tracking the MSCI World Index shared by Barchart, global stocks have formed a “Golden Cross” for the first time since January 2023.

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