1. U.S. business growth slowed in December, impacting economic outlook for S&P 500. 2. New orders fell for manufacturers and service providers, indicating economic uncertainty.
FAQ
Why Bearish?
Slower business activity often leads to lower corporate earnings, historically correlating with S&P declines.
How important is it?
The report's insights on business activity can sway investors' expectations for S&P 500 companies.
Why Short Term?
The immediate slowdown in business activity can quickly influence investor sentiment and market movements.