Breaking News: S&P 500 Hits 5,000 – Market Insights Unveiled!
The S&P 500 flirted with a significant milestone as it briefly crossed the 5,000 mark just before Thursday’s market close, marking its ninth record finish of 2024 at 4,997.91. While these round numbers don’t hold technical significance, they do carry psychological weight, influencing market sentiment. Mark Arbeter, president of Arbeter Investments, pointed out historical instances […]
On Alert: S&P 500’s Move Toward 5,000 Raises Alarm Bells
Leuthold Group’s Chief Investment Officer (CIO), Doug Ramsey, points out a concerning trend in market analysis: an increasing number of analysts are omitting valuations from their assessments. Ramsey notes that this trend is not limited to bullish perspectives; even those who are cautious about the market are overlooking the issue of persistently high equity valuations. […]
S&P 500 Futures Stand Firm Ahead of Fresh Earnings Wave and Fed Commentary
U.S. stock index futures indicated a mixed start just below record levels on Wednesday, as bond markets stabilized and investors awaited further corporate earnings releases. Here’s how the stock-index futures are trading: On Tuesday, major indices saw modest gains: the Dow Jones Industrial Average rose 141 points (0.37%) to 38521, the S&P 500 increased 11 […]
S&P 500 Futures Rebound Following Two-Day Dip Ahead of Tech Giants’ Earnings
Early Thursday, U.S. stock index futures saw an increase in anticipation of earnings reports from three major companies – Apple, Amazon.com, and Meta Platforms. Here’s how stock-index futures are currently trading: In the previous session, the Dow Jones Industrial Average fell 317 points, or 0.82%, to 38150, the S&P 500 declined 79 points, or 1.61%, […]
S&P 500 Futures Hover at Heights Amid Anticipation for Microsoft’s Earnings
U.S. stock index futures hovered close to record highs early Tuesday in anticipation of an impending earnings report from the highly regarded Microsoft. Current Stock-Index Futures Trading: On Monday, the Dow Jones Industrial Average (DJIA) exhibited a gain of 224 points, or 0.59%, closing at 38333. The S&P 500 (SPX) saw an increase of 37 […]
S&P 500 Hits New Highs, but These Stock-Market Indexes Are Struggling
Thursday could mark the fifth consecutive record close for the S&P 500, showcasing its ongoing strength. However, alternative indicators of the U.S. stock market reveal a less optimistic picture. The Value Line Geometric Index VALUG, an equal-weighted measure tracking the median performance of approximately 1,700 major listed companies in North America, lags significantly behind its […]
