Key Macro Charts: Can the double positive factors in the US stock market continue? (2024/10/16)
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The U.S. stock market faces a double positive on October 16, 2024. Analysts point out that the S&P 500 Index typically performs well in U.S. election years, with an expected year-end target of 6270 points. However, insider buying is at its lowest level in 13 years, and S&P 500 futures trading volume is unusually low. The dual drivers of profit growth and valuation increase may continue, and the market is currently benefiting from this trend
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