{"id":249608,"date":"2024-05-28T10:33:33","date_gmt":"2024-05-28T10:33:33","guid":{"rendered":"https:\/\/www.techopedia.com\/?post_type=news&p=249608"},"modified":"2024-05-28T10:33:33","modified_gmt":"2024-05-28T10:33:33","slug":"us-stock-markets-might-dip-in-2024-heres-why","status":"publish","type":"news","link":"https:\/\/www.techopedia.com\/news\/us-stock-markets-might-dip-in-2024-heres-why","title":{"rendered":"US Stock Markets Might Dip in 2024: Here’s Why"},"content":{"rendered":"
Rising national debt, consumer credit issues, and a slowing labor market might be signs of possible recession for the US economy. What do analysts think of the perspectives?<\/strong><\/p>\n Nasdaq recently touched new highs<\/a> as various cruise companies, tech firms (like Nvidia<\/a>) and retailers posted positive earnings.<\/p>\n However, many indicators suggest taking this rally with a pinch of salt. Here are five headwinds that US stock markets face in 2024:<\/p>\n The recent economic data, while being positive, has raised concerns that the Fed might not start unwinding the monetary policy tightening this year, or at least not as fast as many investors expected.<\/p>\n Business activity in the US hit two years high and data shows price pressures are building up. S&P Global\u2019s Composite PMI Output Index touched 54.4 \u2013 its highest level since April 2022. This means inflationary pressures are building in the manufacturing sector, and that can delay the Fed\u2019s plans to cut rates, as shown by the CME FedWatch Tool.<\/p>\n1. Higher for Longer Interest Rates<\/span><\/h2>\n