Thursday, 15 April 2021

Markets mixed, “path of least resistance is higher”

Markets were mixed on Wednesday.

The S&P 500 fell 0.4 percent and the Nikkei 225 fell 0.4 percent.

However, the STOXX Europe 600 rose 0.2 percent and the Shanghai Composite rose 0.6 percent.

Despite the decline in US stocks, some analysts remain upbeat.

“The path of least resistance for stocks continues to seem to be to go higher,” said JJ Kinahan, chief market strategist at TD Ameritrade.

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