Overview
- Wall Street braces for potential 'flash crash' amid historic stock market rally, with JPMorgan and Goldman Sachs highlighting risks of a major sell-off.
- S&P 500 approaches its best first quarter since 2019, driven by gains in major indexes and optimism over artificial intelligence and tech stocks.
- US stocks exhibit mixed performance as investors digest strong GDP data, jobless claims, and corporate news, including Apple's downgrade and Home Depot's acquisition.
- Oil prices and Bitcoin see significant increases, adding to the complexity of the current financial landscape.
- Market analysts caution against overvaluation and anticipate possible interest rate cuts by the Federal Reserve in response to inflation data.