With more uncertainty ahead for investors, Goldman Sachs’ David Kostin outlined two potential scenarios for markets in the near term, with one forecast anticipating the S & P 500 could fall as much almost 17% from Wednesday’s close. Kostin, Goldman’s chief U.S. equity strategist, outlined a soft and hard landing scenario in a note to clients this week that he says could play out in 2022 and…….
U.S. stocks edged lower Thursday after a dramatic two-day rally that kicked off the quarter sputtered.
The S&P 500 (^GSPC) fell 0.6%, while the Dow Jones Industrial Average (^DJI) dropped around 0.7%. The technology-heavy Nasdaq Composite (^IXIC) was down 0.3%. Meanwhile in the bond market, Treasury yields nudged higher, with the benchmark 10-year note (^TNX) above 3.8% and the rate-s…….
Midterm Elections Have Often Been A Turning Point For Stocks.
With the midterm elections only about a month away, it is worth considering the implications of any change in government control. This analysis will strive to be non-partisan since investors would be wise to eschew party politics when selecting investments. Some were concerned when President T…….
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$36 Trillion and counting: Global stocks and bonds have lost a record $36 trillion in value over the past nine months in a wild selloff that engulfed assets right acros…….
This post was originally published on TKer.co
The U.S. economy is closely related to the U.S. stock market. But that relationship is not perfect in a number of ways.
An important way the two differ is international exposure.
According to FactSet, S&P 500 companies1 generate around 40% of revenue outside of the U.S.2 That means these companies are significantly dependent on…….
A light beckons on Wall Street
This is it – the timely signal that people say “never” sounds. You know – the announcement that the stock market is at a bottom, so “Buy!”
Disclosure: Author is fully invested in actively-managed U.S. equity funds
Why the silence at such an important time? Because bottoms occur when there is widespread (AK…….
A Friday rally still left the major indexes significantly lower over the past five days of trading.
There wasn’t much good news to which to credit Friday’s move. U.S. industrial production improved less than expected in May, up 0.2% versus estimates for 0.4%; manufacturing actually declined by 0.1%. Wells Fargo economists Tim Quinlan and Shannon Seery defend the releas…….
The stock market largely gained on Friday, closing out a volatile week of trading. Stability in the bond market certainly helped.
The Dow Jones Industrial Average slipped 38 points, or 0.1%. The S&P 500 gained 0.2%, and the Nasdaq Composite advanced 1.4%.
For the week, the indexes experienced mini rallies, but couldn’t mount any gains. The…
Here are the most important news, trends and analysis that investors need to start their trading day:
1. Stock futures higher as Wall Street looks to break losing streaks
Traders work on the floor of the New York Stock Exchange (NYSE) on May 18, 2022 in New York City.
Spencer Platt | Getty Images
U.S. stock futures were higher Thursday, the…….
U.S. stocks ended sharply higher Thursday after a comeback from recent selling gained momentum and placed markets on track to snap a 7-week losing streak.
The S&P 500 surged 2%, and the Dow Jones Industrial Average gained 518 points, or 1.6%. The Nasdaq Composite jumped 2.7% as the index attempts to claw its way out of bear market territory.
Strong retail earnings Thursday morni…….