On October 10, 2024, U.S. stocks closed slightly lower as investors reacted to higher-than-expected inflation and rising jobless claims. The CPI increased by 0.2% in September, while jobless claims rose to 258,000. The market anticipates potential Federal Reserve rate cuts, with energy stocks gaining amid rising oil prices and airlines facing losses.
Tag: Stock market volatility
How to Get Rid of FOMO in Investing
FOMO can lead to risky investment decisions. Learn how to stay disciplined, focus on long-term goals, and avoid emotional investing by sticking to proven strategies like diversification and automation. Mastering your mindset is the key to building long-term wealth and avoiding short-term investment pitfalls.
Should We buy the dip or sell the rally?
Should you buy the dip or sell the rally? History shows that both strategies have merit depending on market conditions. This article explores when to use each approach, backed by historical data and expert insights from Goldman Sachs, to help investors navigate volatile markets effectively.