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January 31, 2024
US equity indexes spread on Tuesday, with the Standard & Poor’s 500 (SP500) and the Dow Jones Industrial Average (DJIA) closing in opposite directions after the DJIA clipped into a new all-time high and the SP500 closed softly lower as the tech sector drags ahead of key earnings reports and traders bracing for another rate call from the Federal Reserve (Fed) on Wednesday as US Nonfarm Payrolls (NFP) labor figures loom over the horizon on Friday.
January 30, 2024
The S&P 500 hit record highs on five consecutive days. Can the S&P 500 continue to hit record highs? Investors should stay invested despite all-time highs, analysts at UBS say.
January 26, 2024
US equity indexes climbed into fresh record highs on Thursday after US economic data beat the street with US Gross Domestic Product (GDP) growing faster than median market forecasts anticipated.
January 26, 2024
Market bears will be wrong about recession, inflation, oil prices, consumer spending and investor sentiment.
January 25, 2024
US equity indexes came in mixed on Wednesday with the Dow Jones Industrial Average (DJIA) shedding almost a hundred points while the NASDAQ 100 saw a boost from another tech sector ramp-up fueled by chipmakers, while the Standard & Poor’s 500 (SP500) major index saw a thin gain into a fourth straight record close.
January 25, 2024
The Dow Jones Industrial Average (DJIA) traded lower for its second day in a row on Wednesday despite rallying higher for much of the session.
January 24, 2024
Technology and communication services are fueling gains this year for U.S. large-cap stocks — but not for small-cap equities.
January 23, 2024
US stocks climbed broadly higher on Monday, etching in fresh all-time highs as last week’s late break into record prices carried over into the new trading week, with tech stocks leading the way higher and sending the Dow Jones Industrial Average (DJIA) over the $38,000.00 valuation for the first time ever.
January 23, 2024
The S&P 500 index has registered two all-time highs in quick succession.
January 23, 2024
Investors in the U.S. stock market should “maintain a defensive posture,” as company earnings risk falling under “near-term pressure,” according to Wells...