Pressure Release

Last week’s price action relieved some pressures on the stock market, but didn’t solve its major problems. Learn more.

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By Lori Calvasina
Published August 14, 2024 | 1 min read

Three big things you need to know: First, last week’s price action relieved some pressures on the stock market, but didn’t solve its major problems. Second, earnings remain solid with no major deterioration in corporate tone. Third, we’d be more selective with value-oriented defensive sectors going forward.

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Lori Calvasina
Lori Calvasina
Managing Director & Global Head of Equity Strategy, RBC Capital Markets

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