S&P 500 Index Hits New Closing High, U.S. Economy Braces for Growth

S&P 500 Index Hits New Closing High, U.S. Economy Braces for Growth

After fluctuating within a narrow range for the past month,S&P 500 IndexLast Friday (19th) it hit a new closing high for the first time in more than two years. S&P 500 IndexIt closed at 4839.81 points, surpassing the historical closing record of 4796.56 points set on January 3, 2022. According to FactSet data, the index … Read more

Stock Market Hangover: Big Seven Technology Companies Lead the Rise of U.S. Stocks in 2023, But 2024 Starts with a Slump

Stock Market Hangover: Big Seven Technology Companies Lead the Rise of U.S. Stocks in 2023, But 2024 Starts with a Slump

If the end of 2023 was a feast for the stock market, the start of 2024 feels like a hangover after the feast. “Barron’s” reported that the “Big Seven” technology companies will lead the rise of U.S. stocks for most of 2023.But last week, technology stocks dominatedNasdaq Composite Indexdown 3.25%. After analysts repeatedly downgraded Apple … Read more

Investors Flock to S&P 500 in 2023: Lessons of Simplicity Yield Record Inflows

Investors Flock to S&P 500 in 2023: Lessons of Simplicity Yield Record Inflows

According to “Bloomberg” reports, compared with various operational strategies to combat risks, among the stock market strategies in 2023, there is nothing better than simply holdingS&P 500 IndexMuch more effective. As 2023 comes to an end, investors are taking to heart the year’s lessons of simplicity. After rising 4% this month, the S&P 500 has … Read more

2023 Stock Market Rally Enters Healthier Phase: Small-Cap and Financial Stocks Soar

2023 Stock Market Rally Enters Healthier Phase: Small-Cap and Financial Stocks Soar

The 2023 stock market rally entered a healthier phase over the past month. The recent gains aren’t just about seven big tech stocks, as financials and small-cap stocks alike soar on optimism about the Fed’s shift. Research by Morgan Stanley Chief Investment Officer Mike Wilson shows that 78% of investors last weekS&P 500 IndexThe stock … Read more

Will Wall Street Stocks Make a Profit Next Year? A Look at the Forecasts and Unknowns

Will Wall Street Stocks Make a Profit Next Year? A Look at the Forecasts and Unknowns

How much will Wall Street stocks make next year? This is, of course, in the stars, but with the end of the year, well-known American investment banks once again set out to interpret the future and make positive as well as negative advertising for American stocks. The big banks currently disagree on whether Wall Street … Read more

ECB Keeps Cost of Money Stable, BoE and BNS Also Hold Rates: Market Shifts Focus to 2024

ECB Keeps Cost of Money Stable, BoE and BNS Also Hold Rates: Market Shifts Focus to 2024

The ECB also decided to keep the cost of money stable after a similar decision by the Fed yesterday evening. The rate on main refinancing remains unchanged at 4.50%, that on deposits at 4%, and that on marginal loans at 4.75%. . It is the second consecutive pause in the cycle of increases that began … Read more

Inflation Concerns and Central Bank Decisions: ECB Keeps Rates Stable, BoE and Swiss Central Bank Follow Suit

Inflation Concerns and Central Bank Decisions: ECB Keeps Rates Stable, BoE and Swiss Central Bank Follow Suit

The ECB also decided to keep the cost of money stable after a similar decision by the Fed yesterday evening. The rate on main refinancing remains unchanged at 4.50%, that on deposits at 4%, and that on marginal loans at 4.75%. . It is the second consecutive pause in the cycle of increases that began … Read more

U.S. Stock Market Soars with Four Consecutive Rises, Strong Consumer Confidence and Weak Oil Prices

U.S. Stock Market Soars with Four Consecutive Rises, Strong Consumer Confidence and Weak Oil Prices

U.S. Stock Diary | S&P Index has seen four consecutive rises in the past two years (Brendan McDermid/reuters) The Wall Street stock market rose for four consecutive trading days. The three major stock markets once again showed lows and then highs. The S&P 500 index continued to hit a new closing high this year. During … Read more

New York Stocks Outlook: Further moderate losses after a strong run – December 5th, 2023

New York Stocks Outlook: Further moderate losses after a strong run – December 5th, 2023

Shortly US stock market expects moderate losses after rally Important data and China’s credit rating burden Fed interest rate meeting and ISM service index in focus NEW YORK (dpa-AFX) – Further moderate losses are expected on the US stock market on Tuesday. The rally has stalled since the beginning of the week. However, the Dow … Read more