#MarketRebound

The stock market has been experiencing a rebound, driven by optimism surrounding US-China trade negotiations and strong corporate earnings. Here are some key points to consider:

*Market Performance:*

- The S&P 500 has jumped 13% since June 16, fueled by hopes that the Federal Reserve won't raise interest rates significantly.

- The Nasdaq Composite and Dow Jones also saw gains, with the Nasdaq rising 1.2% and the Dow increasing by about 1% on June 10.

- The current S&P 500 price is 6037.20, with a 0.01% increase, while the Nasdaq 100 is at 21937.30, with a 0.02% increase.¹ ² ³

*Factors Driving the Rebound:*

- *US-China Trade Talks:* Resumed discussions in London have raised hopes for eased tariff tensions, contributing to the market's recovery.

- *Strong Corporate Earnings:* Positive earnings reports have also supported the market's upward trend.

- *Technology Stocks:* Tech giants like Apple, Microsoft, Nvidia, Meta, and Amazon have led the gains, with Tesla extending its rebound after a recent sell-off.

*Expert Insights:*

- Goldman Sachs strategists believe the market rebound could continue in the short term, driven by a further increase in positioning and sentiment.

- However, they remain cautious about the long-term prospects, citing uncertainty around macroeconomic data and potential risks of another leg lower in the market.⁴

*Recession-Resistant Stocks:*

- Some experts recommend investing in recession-resistant stocks, such as:

- *Consumer Staples:* Anheuser-Busch InBev, Imperial Brands, and British American Tobacco.

- *Healthcare:* Zimmer Biomet, Medtronic, Gilead Sciences, and Roche.

- *Utilities and Financials:* Companies with stable cash flows and dividend payments.

Keep in mind that market volatility can be unpredictable, and it's essential to stay informed about the latest developments and trends.