Indicators of market momentum are coalescing with improving economic data to support the recent stock-market rally, creating a promising backdrop that some investors expect to help major indexes rebound from last week’s declines. Concerns about an outbreak of the new coronavirus in China sent the S&P 500 down nearly 1% Friday. But recent actions by central banks around the world to stabilize growth with lower borrowing costs and an initial U.S.-China trade accord are driving a steady advance that has been hard to bet against....
Source: Wall Street Journal January 26, 2020 10:30 UTC