Rob Gronkowski hopes to 'bring the stock market back' amid election anxiety crashes

Published On Sep 12, 2024, 6:22 AM

Rob Gronkowski, the retired NFL star, visited New York's Financial District to participate in a charity trading event, expressing optimism about investing to counteract recent declines in the stock market amid presidential election anxieties. The market has faced significant swings, particularly due to fears of a potential U.S. recession. However, on the day of Gronkowski’s visit, the stock market rebounded with the S&P 500 gaining 1.1% after an earlier decline. This volatility is typical in election years, especially during September, a historically volatile month.

Read full article

Stock Forecasts

AI prediction results, not representative of any investment advice.

SPY View SPY chart on TradingView

Positive

Given the recent rebound in the S&P 500 and the dynamic behavior of tech stocks like Nvidia and Apple, there could be potential for continued growth as investor sentiment may recover, particularly if economic indicators stabilize. Gronkowski's high-profile involvement could also draw positive media attention, which might enhance investor confidence in the market.

Related News

Inflation is not ‘dead at all’ despite ‘coming down’: Hoenig | Fox Business Video

Capitalist Pig hedge fund manager Jonathan Hoenig weighs in on market rallies, his concern for everyday Americans amid inflation, and his stock pick.

SPY

Jamie Dimon warns of 'critical issues' that could affect US economy

Oct 11, 2024, 12:25 PM

JPMorgan Chase & Co. chief Jamie Dimon on Friday sounded the alarm about "critical risks" to the U.S. economy in the bank's third quarter earnings report.

SPY

Idea that Fed has managed this soft landing 'is starting to take hold': Kenny Polcari | Fox Business Video

Slatestone Wealth Chief Market Strategist Kenny Polcari discusses the market rallying following the inflation report, Jamie Dimon's warning of geopolitical risks, and how he fared during Hurricane Milton.

SPY

TLT