US stocks looking strong as Q2 comes to an end
|European stocks have stumbled today but their US counterparts are holding up well on the final day of Q2 trading, Chief Market Analyst at online trading platform IG.
Europe falters but Wall Street keeps rallying
A wide gulf has opened between European stocks and their US counterparts today, as the final trading day of the quarter arrives. While US stocks have Fed cuts and the likely passage of the budget bill to look forward to, European names continue to fret about a possible trade showdown with the US. It’s never wise to read too much into the movements at quarter-end, and the lack of news flow only compounds the problem.
Stocks look back on a choppy quarter
Equity markets, and investors themselves, have been on a remarkable journey in Q2. From the terrifiying lows of April to the dizzying heights of the past week, the rebound has caught many by surprise. As we head into Q3, investors are still fretting about inflation and a possible recession, but these threats seem much less imposing than they did three months ago.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.