April 16, 2024
The stock market has been firing on all cylinders since last week. The volatility is attributable to geopolitical risks in the Middle East. Last week, Iran fired on Israel - https://www.timesofisrael.com/liveblog-april-13-2024/
The U.S. stock market has entered earnings reports, and the bank sectors—GS, BAC, and WFC—started reporting late last week. The price reaction has been biased toward selling.
The U.S. indices had a stellar performance2023:
https://www.morningstar.com/markets/15-charts-surprise-everything-rally-2023