WTI Crude, Gold, HSI, Dow, S&P 500 and Nasdaq
Friday marked a pivotal day for investors, bringing the conclusion of the month, second quarter and first half. The last six months saw 2022′s beaten-down growth names make a broad comeback as the promise of artificial intelligence and hope of an end to the Federal Reserve’s rate campaign lifted major tech players to astonishing heights.
Despite these strong gains, some on Wall Street expect volatility in the second half and likely profit taking from investors that benefited from the rally. This, coupled with changing technicals, could lead to sideways action, or a slight pullback in the S&P, said Anna Han, equity strategist at Wells Fargo Securities.
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