S&P 500 Index
5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Whirlwind week Stocks nearly recovered to break even last week after a rout on Monday. The Dow Jones Industrial Average ended the week down 0.6%, while the S&P 500 and Nasdaq Composite lost 0.04% and 0.18%, respectively. A weak […]
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Market sell-off won’t last for one key reason, CIO says: There’s no tech bubble to burst
Global markets are cautiously rebounding from an early-August rout — and one asset manager says there’s no need to fear a burst tech bubble causing a persistent downturn. Technology stocks were among the hardest-hit by the recent sell-off, as declines of 1.6% in July and more than 4% so far in August for Wall Street’s tech-dominated […]
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Asia-Pacific markets set to open mixed after volatile week; India inflation and industrial data in focus
A money lender counts Indian rupee currency notes at his shop in Ahmedabad, India. Amit Dave | Reuters Asia-Pacific markets were set to open mixed on Monday after a roller-coaster week that saw steep sell-offs followed by a sharp recovery, especially in Japan stocks. Futures for key U.S. indexes were lower as investors awaited key […]
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Fund manager — who’s consistently beaten the S&P 500 — names a key stock to own if recession hits
As fears of a recession grip stock markets and consumers get squeezed, outperforming fund manager Sean Peche is betting on an unexpected retail player: the French multinational Carrefour . Peche, a portfolio manager at Ranmore Fund Management, highlighted the company’s defensive nature and ability to grow earnings amid inflation as a key attractive quality. The […]
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These low-volatility stocks have a winning record and are attractively valued
For investors who want to find safe plays amid a volatile market, there’s a whole set of large-cap names — particularly in health care — that could make for attractive investments. Stocks had a wild few trading sessions after Monday’s steep global sell-off, and closed the week up at levels that almost reversed its weekly […]
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Restaurant CEOs’ new favorite word is value as they aim to bring back customers
A sign advertises meal deals at a McDonald’s restaurant in Burbank, California, on July 22, 2024. Mario Tama | Getty Images Restaurant CEOs have become obsessed with the word “value” in explaining to investors why their sales lagged this quarter while sharing plans to revive traffic in the coming months. On McDonald’s quarterly conference call […]
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Disney and this AI stock are among the most oversold stocks this week and could be due for a bounce
The stock market clawed back from a global rout to finish higher Friday, but there still may be an opportunity for some names to rebound. Stocks had a rough start to the week. Disappointing payrolls data coupled with an unraveling of the yen “carry trade,” not to mention concerns that the Federal Reserve has waited […]
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Markets just had the most volatile week since the pandemic outbreak — What we learned
A wild week of trading on Wall Street ended with the S & P 500 back roughly where it started, but the lessons learned by whipsawed investors over those five days could determine what happens next. The S & P 500 had its worst day since 2022 on Monday, and then its best since 2022 […]
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A key stock underperformed the market comeback this week
Chipmaking giant Nvidia failed to move up from its losses earlier this week even as the S & P 500 broadly recovered. Nvidia shares slipped 0.2% Friday to finish the week down around 2.4%. That is underperforming not only the broad market index, which closed only 0.04% lower week to date, but it is also […]
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Bull trap? It’s ‘make or break’ time for U.S. soft landing case, strategist says
The S&P 500 is facing a key test level as the consensus view of a soft landing for the U.S. economy reaches “make or break” point, according to one strategist. Ron Williams, chief investment officer at RW Advisory, told CNBC’s “Squawk Box Europe” the 5,200 mark will “decide whether this bounce back holds or whether […]
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