Global Market Sell-Off Due to U.S. Recession Fears

Global market sell-off driven by U.S. recession fears, tech sell-off, and concerns over Federal Reserve's interest rate decisions. Stock futures tumbling, VIX index at highest level in nearly four years, and European stocks falling sharply.

U.S. Stock Market Performance in 2024

U.S. stocks have been performing well in 2024, but concerns about inflation, economic growth, and corporate earnings are looming. Analysts warn of potential market correction due to stretched valuations and optimistic sentiment. Investors are closely watching Fed rate cuts, presidential election uncertainty, and market breadth. Earnings estimates are improving, but valuations are rising faster. Inflation and growth data will influence Fed's rate decisions. Important data points include PCE price index and GDP growth. Market rally needs broader participation for sustainability.