Stock market outlook recent selloff is start of deeper correction Fortune
News Source : Fortune
News Summary
- US stocks rallied Monday, with the S&P 500 gaining 0
- 9%, ahead of a busy week of earnings
- The rebound comes after the group sent the technology-heavy Nasdaq 100 Index to its biggest weekly loss in 17 months
- JPMorgan Chase & Co
- ’s Marko Kolanovic says the selloff is likely to deepen
The slide in US equities over the past three weeks was the start of a selloff that is likely to deepen along with mounting macroeconomic risks, including rising Treasury yields, a strong dollar and e [+2979 chars]