Page 13 - Mark Hackett News Today

As the S&P 500 continues to hit fresh milestones with a first-ever break above the 5,000 level, its valuation is reaching new heights as well. ...

As the S&P 500 continues to hit fresh milestones with a first-ever break above the 5,000 level, its valuation is reaching new heights as well. The S&P 500's forward price-to-earnings ratio -- a commonly used metric to value stocks -- this week rose to 20.4 times, a level last reached in February 2022, according to LSEG Datastream. It isn’t unusual for valuations to climb along with stock prices, and equities can stay expensive for a long time before returning to more mode...

Traders—and the Fed itself—are notoriously bad at predicting interest rate moves. Will expectations of rate cuts in 2024 be any different?

In today's big story, we're looking at some of our best stories covering markets, finance, and the economy.

Wall Street slammed the brakes on its big rally following disappointing profit reports from companies and warnings that the market had simply gone too far, too fast. The S&P 500

Wall Street slammed the brakes on its big rally following disappointing profit reports from companies and warnings that the market had simply gone too far,...

Wall Street hit the brakes on its big rally Wednesday after disappointing profit reports from companies and warnings that the market has moved too far, too fast.

Wall Street’s monster-sized rally since Halloween is easing off the accelerator. The S&P 500 was down 0.8% Wednesday after shedding an early gain, though it remained near its all-time high.

The S&P 500 slumped 1.5% for its worst loss since beginning a monster-sized rally shortly before Halloween. The Dow Jones Industrial Average dropped 475 points, or 1.3%, from its record high, while the Nasdaq composite sank 1.5%

Real-time index price for Nasdaq Telecommunications Index (IXTC), along with buy or sell indicators, analysis, charts, historical performance, news and more