.SPX S&P 500 Index
- 5487.030
- +13.800+0.25%
2024 Half-Year Recap | Top Performing Stocks: SMCI, NVDA and AI Supply Chain Stocks Are Listed
Looking back at the first half of 2024, the AI frenzy continued, and the US stock market soared, with the
U.S. Stocks Remain a Sweet Spot at the Half-year Mark, but Investors Need This Extra Protection, Says Societe Generale
While U.S. stocks remain a solid bet at the halfway mark of 2024, investors need to start broadening out and adding opportunities elsewhere in the asset space.
Vanguard Says US Tech 'Euphoria' Can Break One or Two Ways
Joe Davis, chief economist and global head of investment strategy at Vanguard, says the valuation gap between tech and other stocks will narrow in the coming years. "I think we can see some modest deceleration in the tech sector, at some point it has to come," Davis says on Bloomberg Television. "But if the economy holds up, I think other parts of the market could catch up and I think that would be good news."
Goldman Sachs: It has indeed been a long time since the last adjustment, but the US stock market is not expensive.
Goldman Sachs pointed out that the last time the S&P 500 index fell by more than 2% in a single day was in December 2022. Since then, the US stock market has been on an overall upward trend and has continued for 376 days. Moreover, the US stock market is not currently in an 'overvalued' state, with the P/E ratio of the top 10 market cap stocks in the S&P 500 index being about 30 times, compared to about 47 times during the peak of the 2000 internet-related bubble.
Overnight in US stocks | S&P 500 Index, Nasdaq hit new record highs again. Nvidia (NVDA.US) topped the market cap of all companies.
According to the Zhixun Finance and Economics app, on Tuesday, the three major indices closed higher, with the S&P 500 index and the Nasdaq hitting new all-time highs. Nvidia surpassed Microsoft as the world's largest company by market cap. On Wednesday (June 19th), which is the June holiday in the United States, the U.S. stock market and other American financial markets will be closed. [U.S. Stock Market] as of the close, the Dow rose 56.76 points, or 0.15%, to 38,834.86 points; the Nasdaq rose 5.21 points, or 0.03%, to 17,862.23 points; and the S&P 500 index rose 13.80 points, or 0.25%, to 5,487.03 points. Apple (AAP
No Stopping S&P 500's Record Rally as Nvidia Beats Microsoft| Wall Street Today
There's no stopping the S&P 500's record rally. As usual, the benchmark got a boost from Nvidia, which bumped off Microsoft as the world's most valuable company.
S&P 500 Notches Fresh Record as Nvidia Unseats Microsoft as Top Stock
The S&P 500 notched another intra-day record, as semiconductors continued to hog the limelight, with Nvidia bumping off Microsoft as the world's most valuable company.
Stock Market Today: S&P 500, Nasdaq Notch Records as Nvidia Takes Crown From Microsoft as Most Valuable Stock
US stocks notched new record highs on Tuesday, continuing a furious AI-driven rally as Nvidia (NVDA) surpassed Microsoft (MSFT) to become the most valuable public company.
Fed Watch: FOMC Officials Reiterate Patience, Data Dependence, Before Cutting Rates
Fed Governor Adriana Kugler (voter) said that it is possible that the FOMC could cut rates later in 2024 but said that currently inflation is too high and that further evidence that the recent improve
Fed's Kugler Sees Rate Cut This Year and Says Economy Is 'Moving in Right Direction'
Federal Reserve Gov. Adriana Kugler on Tuesday said "it will likely become appropriate" to cut U.S. interest rates later this year if the economy continues to slow and inflation wanes as she expects.
Fed's Kugler Offers Four Reasons for Hope on Inflation -- WSJ
By Nick Timiraos Federal Reserve governor Adriana Kugler said she continued to anticipate it would be appropriate for the central bank to lower interest rates this year. Kugler offered four reasons
Fed's Collins Says Process of Lowering Inflation May Take Longer Than Expected
While recent inflation data has been "encouraging," the process of lowering inflation may take longer than expected, Boston Federal Reserve Bank President Susan Collins said Tuesday at the 2024 Annual
Nvidia executives cashed out more than $700 million! But unable to resist the long bull market of the most important stock on Earth.
Nvidia executives have reduced their shareholding by as much as USD 700 million since the beginning of this year, with more than one-third of the internal sales occurring after Nvidia's unparalleled performance announcement in May.
S&P 500 and Nasdaq Composite Push Deeper Into Record Territory
Stocks rose slightly Tuesday morning.
AAPL, NVDA and MSFT Account for 10.6% of Global Market Cap: It's Not All Doom and Gloom
The aggregate S&P 500 index has returned 15% since the start of the year, with five stocks accounting for 60% of the aggregate index’s year to date return -
Express News | US May Retail Sales MoM 0.1% vs 0.2% Forecast, Prior 0%
2024 Half-Year Recap | Top Performing Sectors & Stocks
The information technology sector led all major sectors with a cumulative gain of 28%, followed closely by the communications services sector, which saw nearly a 25% increase.
Major retreat! Is a super shuffle coming?
The buyer and the seller began to have differences...
Retail-Sales Forecast Clouded by Inflation, Mixed Economic Data
May's retail sales report could indicate if inflation is curbing spending, or if the resilience consumers have shown -- surprising in its yearslong endurance -- will continue into the summer months.
Case for Fed to Cut in September: Rosner
Lindsay Rosner, Head of Multi-Sector Investing at Goldman Sachs Asset Management, says there is a case for the Federal Reserve to cut in September. She also sees elections, like those in France, to bring volatility to risk assets.