Wednesday, 19 May 2021

S&P 500 falls, ″not a bull-market breaker yet”

Markets were mixed on Tuesday.

The S&P 500 fell 0.9 percent but the STOXX Europe 600 rose 0.2 percent and the Nikkei 225 surged 2.1 percent.

Despite a second consecutive decline in the S&P 500, some analysts remain sanguine.

″Growth may be peaking, but it’s not a bull-market breaker yet,” said Lauren Goodwin, economist and portfolio strategist at New York Life Investments.

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