It wasn’t the upbeat start to the new year that investors had hoped for. But the long-term view for stocks still looks bright, according to several analysts.
The S&P 500’s tantalizingly close to an all-time high. The index added 0.04% yesterday to close at 4,783.35, just about 10 points away from its record close.
You can almost hear the bulls charging in. The S&P rose 0.59% Tuesday to close at 4,768.37, putting it just 0.6% away from its record close in January 2022.
FedEx’s performance is often seen as a bellwether for the general economy. So, when FedEx issued disappointing earnings, it was a warning for investors.
You can almost hear the bulls charging in. The S&P rose 0.59% Tuesday to close at 4,768.37, putting it just 0.6% away from its record close in January 2022.
Minutes of the Federal Reserve’s meeting put the brakes on stocks’ rally. And Nvidia’s third-quarter earnings might not be enough to restart the momentum.
After a very encouraging consumer price index reading on Tuesday, we have more evidence that inflation’s truly cooling. But don’t expect rate cuts soon.
Major indexes rose despite the geopolitical upheaval in the Middle East. Analysts think markets have already digested the implications of the conflict.
The number of jobs the U.S. economy added in September was so high markets fell. But what happened after was a lesson in looking beyond the headline number.
Credit Suisse tanked after its largest investor said it couldn’t provide more financial assistance. Banks in the U.S. and Europe were slammed on the news.