Wall Street ends higher in final stretch of 2023, rate cuts in view

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Go back to Wall Street ends higher in final stretch of 2023, rate cuts in view

'Last week's price action is important for 2024,' says Sevens Report

December 26, 2023 8:33 AM EST

According to Sevens Report Research, last week's price action is important for 2024, noting the increased volatility.

"Stocks ended last week higher but also saw the biggest drop in several weeks last Wednesday, and the reason for the increased volatility is notable and gives us some hints about what could move markets early in 2024," the firm wrote.

They explained that last Wednesday's drop in... More