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Is The Market Priming For A Sharp Rally In Q4? Why Cantor Fitzgerald’s Eric Johnston Has Reversed His Bearish Call

After a dismal September when major U.S. averages shed 4% or more, the equity market fought back with vengeance in the first trading session of October. At least one analyst is confident that things could look up in the final quarter of a disappointing year.

SPY

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Nasdaq, S&P 500 Surge Ahead Of Market Open As US Stocks Look To Fight Back After Sell-Off: Nike And Peers In Focus

The major U.S. index futures point to a positive start on Friday, reversing the sharp declines in the previous session. The week witnessed see-sawing movement in the market and it remains to be seen if the indices can rally hard to close the week in the green.

DECK