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Stock Market Inches Higher, AI Race Heats Up, Jamie Dimon Slams Bitcoin: The Week In The Markets
Friday, December 8, 2023 - 6:09pm | 872The U.S. stock market managed to close its sixth straight week of gains, with the S&P 500 Index closing the week at highest level since January 2022. Market sentiment continues to be shaped by the anticipation of Federal Reserve interest rate cuts in 2024. Yet the euphoria surrounding these...
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Investors Flood $40 Billion Into Equities Over Two Weeks, Fueling S&P 500's Strongest November Since 1980
Saturday, November 25, 2023 - 10:07am | 622Investors have injected a staggering $40 billion into equities over the past two weeks, propelling the S&P 500 index to its most robust monthly performance in 2023. Bank of America’s chief strategist, Michael Hartnett, revealed these staggering numbers in a note to clients on Friday. The...
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What Stocks Drove The Recent Record Rally? A Breakdown You Can't Miss
Tuesday, November 7, 2023 - 2:13pm | 1035November has burst onto the scene with resounding optimism in the U.S. stock market. The S&P 500, closely monitored through the SPDR S&P 500 ETF Trust (NYSE:SPY), has showcased an impressive six-session winning streak and is currently up 0.4% on Tuesday. The tech-skewed Nasdaq 100, closely...
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If You Invested $10,000 In Exxon Mobil When Oil Prices Went Negative In March 2020, Here's How Much You'd Have Now
Monday, May 8, 2023 - 4:45pm | 479Exxon Mobil Corp. (NYSE: XOM) is one of the top-performing companies in the United States since the stock market and oil prices crashed in March 2020, at the height of pessimism during the early stages of the Covid-19 pandemic. Few people today will recall that on April 20, 2020, as a result of an...
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What Do Long Term Interest Rate Trends Say About Future Stock Market Performance?
Friday, October 16, 2009 - 10:41am | 482When looking at the 'value' of any asset, whether it be cash, equities, fixed-income, gold, or real estate, interest rates are a major determinate.If interest rates are very low, holding real estate, gold, equities, and older fixed income become advantageous. An investor is not 'giving anything up...