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Stocks Keep Climbing as Lower Rates Push Growth Names Higher
Large growth stocks are leading the market to new highs again as investors anticipate lower interest rates. The S&P 500 rose almost 2 percent in the holiday-shortened week between Friday, June 28, and Friday, July 5. The index closed above 5,500 for the first time...
AI Stocks May Show Signs of Stalling After Big Rally
AI stocks could be showing signs of fatigue as the end of the second quarter approaches. The S&P 500 rose 0.6 percent in the holiday-shortened week between Friday, June 14, and Friday, June 21. It was the third consecutive positive week, with more than 70 percent...
Fed Hammers Stocks to a Key Level as the Quarter Winds Down
Stocks are headed for a losing quarter after hawkish policy from the Federal Reserve hammered prices to a key level. The S&P 500 fell 2.9 percent between Friday, September 15, and Friday, September 22. It was the index's third straight losing week and its biggest...
Chart of the Day: Is Caesars Following Travel Stocks Higher?
Travel stocks have climbed recently, and now Caesars Entertainment could be showing signs of strength. The first pattern on today’s chart is the falling trendline along the highs of February, March and mid-June. The casino operator pushed above it at the end of the...
A New Bull Market? Stocks Hit a New 52-Week High as Recession Fears Ease
Stocks rebounded sharply to end June as cooling inflation and strong economic data spurred hopes of a new bull market. The S&P 500 rose 2.3 percent between Friday, June 23, and Friday, June 30. It was the sixth positive week in the last seven. The index also had...
Can Stocks Hang On After Another Painful Blow from the Federal Reserve?
Stocks are trying to hold their lows of the year after another painful blow from the Federal Reserve. The S&P 500 dropped 4.7 percent between Friday, September 16, and Friday, September 25. It was the fifth negative week in the last six, landing the index at its...
Stocks Pause as Investors Brace for the Fed to Stay Hawkish
Stocks are pausing as investors brace for potentially hawkish news from the Federal Reserve this week. The S&P 500 fell 1.2 percent between Friday, August 12, and Friday, August 19. It was the first drop in the last five weeks as the index stalled at a resistance...
Nasdaq Leads Stocks to New Highs as ‘Goldilocks’ Returns
Stocks rebounded last week, led by the Nasdaq-100, as "Goldilocks" conditions return. The S&P 500 rose 0.7 percent between Friday, November 12, and Friday, November 19. However the big move came from the Nasdaq-100, which gained 2.5 percent as semiconductors and...