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Why The S&P 500 Is Set For A Strong Second Half: 'Don't Give Up On The Bull Market Yet,' Says Analyst
Thursday, July 4, 2024 - 11:20am | 635After an excellent first half of the year — with the S&P 500 up 14.5% — investors and traders are now wondering how the U.S. stock market will perform in the second half of 2024. Moreover, the million-dollar question is whether — after a nearly 60% rally over the past twenty-one months — it...
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Stock Market Inches Higher, AI Race Heats Up, Jamie Dimon Slams Bitcoin: The Week In The Markets
Friday, December 8, 2023 - 6:09pm | 872The U.S. stock market managed to close its sixth straight week of gains, with the S&P 500 Index closing the week at highest level since January 2022. Market sentiment continues to be shaped by the anticipation of Federal Reserve interest rate cuts in 2024. Yet the euphoria surrounding these...
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Stocks, Gold, Bonds Rally Further, Dollars Tumbles As Traders Anticipate Fed Cuts: What's Driving Markets Friday?
Friday, December 1, 2023 - 3:36pm | 1222Kicking off the new month, Wall Street continued its strong November momentum, with major U.S. stocks rallying on Friday. The S&P 500, Dow Jones, and Nasdaq indices are all set for their fifth consecutive week of positive movement. Investor optimism further improved, driven by growing...
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US Stocks Slip, Tech Rises On Solid Holiday Sales, Treasury Yields Soften: What's Driving Markets Monday?
Monday, November 27, 2023 - 2:14pm | 1296U.S. stocks are kicking off the week with a slight dip, as all major indices trade in the red in New York, except for the tech stocks of the Nasdaq 100, which are showing positive momentum following the release of encouraging data after Black Friday. Initial data from Adobe and Salesforce indicates...
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Investors Flood $40 Billion Into Equities Over Two Weeks, Fueling S&P 500's Strongest November Since 1980
Saturday, November 25, 2023 - 10:07am | 622Investors have injected a staggering $40 billion into equities over the past two weeks, propelling the S&P 500 index to its most robust monthly performance in 2023. Bank of America’s chief strategist, Michael Hartnett, revealed these staggering numbers in a note to clients on Friday. The...
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Half Of S&P 500 Stocks Still Below 200-Day Average, Ignoring Covid-Like Rally: 10 Bargain Plays For Latecomer Bulls
Tuesday, November 21, 2023 - 5:13pm | 905Late to the bull party? Nearly half of S&P 500 stocks continue to show no significant trend breakthroughs to date. What Happened: SPDR S&P 500 ETF Trust (NYSE:SPY) gaining over 10% since Oct. 27. This marks the index’s strongest 17-day rally since November 2020, a surge initially...
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What Stocks Drove The Recent Record Rally? A Breakdown You Can't Miss
Tuesday, November 7, 2023 - 2:13pm | 1035November has burst onto the scene with resounding optimism in the U.S. stock market. The S&P 500, closely monitored through the SPDR S&P 500 ETF Trust (NYSE:SPY), has showcased an impressive six-session winning streak and is currently up 0.4% on Tuesday. The tech-skewed Nasdaq 100, closely...