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 […]
5.6 Trillion Factors Aligning for a Year-End Stock Market Rally
Despite concerns about various economic factors such as inflation, Federal Reserve hawkishness, and China’s economic slowdown, the S&P 500 is approaching its 2023 peak, less than 2% away. This resilience is impressive, especially considering recent high benchmark bond yields, typically a challenge for the market. One reason for the market’s ability to withstand rising bond […]
U.S. Stock Futures Surge Following ARM’s Strong IPO
U.S. stock index futures showed strength in the early hours of Thursday, as bond yields stabilized and traders monitored the release of August retail sales data alongside the commencement of ARM Holdings’ IPO. Here’s how stock-index futures were performing: In the previous trading session, the market saw the Dow Jones Industrial Average (DJIA) decline by […]
U.S. Stocks Begin Trading with Gains Following a Higher-Than-Anticipated August Inflation Report
In the morning of Wednesday, U.S. stock indexes saw an increase as the most recent consumer-price index data revealed a rise in inflation during August. This development has the potential to alter predictions regarding the Federal Reserve’s interest-rate strategy. How are stock indexes trading The Dow industrials dropped by 18 points, or 0.05%, to reach […]
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 […]
Stock Market’s Waiting Game: When Will Consumers Hit Pause?
Five percent is a pretty normal interest rate,” says Michael Rosen, CIO at Angeles Investments. Consumer spending has defied Wall Street expectations all year, both by keeping stocks afloat near record levels and by preventing the U.S. economy from running aground into a recession. That’s why sentiment around stocks in the week ahead could hinge […]
