With the S&P 500 already up 26% from a low point in late October, money is starting to pour into European stocks. Investors should expect that to continue. The S&P 500 has become expensive, while the Stoxx Europe 600 hasn’t. The S&P 500 is now trading at 20.7 times the per-share earnings its component companies … Read more
No cut, no problem—at least not for the stock market. It should have been a bad week for an overextended market, one that had risen for 14 of the previous 15 weeks. A pair of stronger-than-expected January inflation prints forced investors to wake up to the realization that the Federal Reserve won’t be cutting interest … Read more
Stock-market investors may take their cues from a series of important events in the week ahead, including the Federal Reserve’s monetary-policy meeting, a closely-watched December employment report and an onslaught of earnings from megacap technology names, which all promise insight into the state of the economy and interest-rate outlook. The benchmark S&P 500 index SPX … Read more
It is always a stockpicker’s market. You just have to pick the right stocks. If you picked the so-called Magnificent Seven last year—a group of highflying, mostly tech stocks that powered the S&P 500 index to a 24% gain—you looked in the mirror and beheld a genius. This year, it might be wise to avoid … Read more
Updated Dec 15, 2023, 04:15pm EST Topline Major stock indexes on Friday registered another week in the green, setting another milestone for this fall’s historic rally spurred by an expectation of loosening financial conditions, though some experts warn the rally could be built on a faulty foundation. December has left long investors merry. AFP via … Read more
The stock market is supposed to be efficient, discounting all available information into corporate valuations immediately. It’s pretty good at being efficient, but not everything makes sense all the time. Take the multi-trillion-dollar car industry. It isn’t easy to square how shares of different auto makers are valued. Start in the U.S. General Motors and … Read more
Topline Top strategists largely expect the stock market to continue rising but remain far below historic rates next year, according to several 2024 forecasts released this week, as stocks continue to recover from last year’s brutal losses but struggle to return to their mid-pandemic highs. historic averages next year. Getty Images Key Facts Goldman Sachs … Read more
The stock market is getting a jolt from the inflation report. This isn’t the kind of rally that will likely peter out—believe in this one. All three major U.S. stock indexes jumped more than 1% Tuesday morning, with the Nasdaq Composite coming close to a 2% gain. That comes after data showed the consumer price … Read more
Apple, Tesla, and the Rest of the Big 7 Stocks Have Been Winners … Barron’s Source link
Updated Nov 3, 2023, 05:00pm EDT Topline Shaking off a three-month-long selloff, stocks notched their best weekly gains of 2023, tacking on more than $1 trillion in collective market value as a flurry of major economic and earnings news supported sentiments tilting back toward a growth-friendly approach. best week in a year. NurPhoto via Getty … Read more