Friday, April 28, 2023
Wall St Week Ahead: Recession worries simmer beneath US stock market rally
Wall St Week Ahead: Recession worries simmer beneath US stock market rally https://ift.tt/ubI6ith transportation and semiconductor stocks, along with small-cap stocks, have experienced a drop during April, indicating concerns over economic growth. Experts point to fears of a recession and the Federal Reserve's aggressive monetary tightening as reasons for investors' caution. Economically-sensitive sectors such as utilities and healthcare have rallied in recent weeks, while concerns over a possible US default and global trade disputes have raised concerns about economic growth across markets.
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