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US Stocks May Take a Breather After S&P 500's Impressive 8-Session Winning Streak: Strategist Says Market Will Hit Fresh Highs In Next 4 Weeks, But Warns Investors Of Potential Risks

Benzinga ·  06:48

The gravity-defying climb faces risk, as the index futures trade narrowly mixed in early trading on Tuesday. That said, the recent gains could keep traders wary of a potential pullback. A couple of speeches by Federal Reserve officials are the lone Main Street catalysts for the day even as the market has set its eyes on Fed Chair Jerome Powell'sJackson Hole Symposium address due Friday. Until such time, the market may remain in a wait-and-watch mode.

Given the bounce in cryptocurrencies, stocks exposed to these digital assets could gain some ground and tech stocks...

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