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US equities (^GSPC, ^DJI, ^IXIC) saw mixed trading on Tuesday as investors gear up for key economic data and speeches from Federal Reserve leaders later this week. As bullish sentiment for the market grows, can equities keep up?
US Bank Wealth Management Senior Investment Strategist Rob Haworth joins Market Domination to give insight into the state of the economy and what investors need to keep in mind moving forward.
"Over the longer term, we think this is a growth-oriented market where the economy is holding up fairly well and there's room for earnings to continue to expand, we've seen analysts start to take up full-year 2024 earnings expectations. We're estimating around $244 a share depending upon which service you look at, and that's probably enough to keep this market in positive territory for the year," Haworth tells Yahoo Finance.
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This post was written by Nicholas Jacobino