S&P 500’s Rocky Road: Another Weekly Loss Amid Inflation Worries
Dow Holds onto Weekly Gains Despite Friday’s Stock Market Decline On Friday, U.S. stocks closed in the red as concerns over inflationary pressures loomed ahead of the Federal Reserve’s upcoming meeting and an auto workers strike added to market jitters. Here’s how the major stock indexes performed: For the week, the Dow managed to eke […]
S&P 500 Forecast: Bullish Strategist Warns of Market Volatility Ahead
Promising Prospects in S&P 500’s Energy Sector,” Says Oppenheimer’s Stoltzfus Despite recent turbulence in the U.S. stock market, Wall Street’s most bullish strategist, John Stoltzfus of Oppenheimer Asset Management Inc., maintains his outlook for the S&P 500 to reach record highs this year. Stoltzfus had projected the S&P 500 to surpass 4,900 by the end […]
S&P 500 Surges: Biggest Weekly Gain Since June!
The S&P 500 and Nasdaq registered consecutive weekly gains, while U.S. stocks closed mostly higher on Friday. The Dow Jones Industrial Average and S&P 500 saw modest increases, bolstered by rising Treasury yields in response to a fresh report on August’s job market performance. U.S. markets will be closed on Monday for Labor Day. Here’s […]
September Stock Market Blues: Tips to Weather the Storm
In August, the U.S. stock market saw a slowdown in its robust AI-driven rally, with the S&P 500 index potentially facing its worst month in six months, and the Nasdaq Composite poised for its most significant monthly decline of the year. As we approach September, historical trends suggest that the coming month may bring even […]
S&P 500 Welcomes Airbnb and Blackstone to the Fold
S&P Dow Jones Indices announced that investment giant Blackstone Inc. and vacation-home rental platform Airbnb Inc. will be joining the S&P 500 index later this month, resulting in a surge in their after-hours stock prices on Friday. The change is set to take effect on Monday, September 18th, and is part of a series of […]
How Wall Street’s Finest View the Market Post-August
The S&P 500 kicked off 2023 with an impressive 21% surge in the first seven months. However, the August blues halted this rally in its tracks. Historical patterns show that August and September tend to be challenging for stocks, and macroeconomic challenges persist. ? Market Overview Let’s dive into the insights from Wall Street’s finest […]
