All major indexes gained on the back of these moves. The Dow Jones Industrial Average rose 1%, the S&P 500 added 1.4% and the Nasdaq Composite climbed 1.8%. Clearly, market sentiment was running high yesterday, even if there was no clear cause for it. Or perhaps it was precisely the lac...
and I think we likely will try to spend the rest of the week clawing some of that back. Yesterday was a good example of that, and today feels like the same kind of grind higher," Art Hogan, chief market strategist at B. Riley Wealth Management told CNBC in an interview. "We're co...
The Nigerian stocks market closed negative, yesterday as the market capitalisation lost N28 billion, amid renewed profit taking. The All Share Index (ASI) was down by 76.37 absolute points, representing a decrease of 0.25 per cent to close at 30,642.35 points. Similarly, the market... Nigeria...
Typically, in a market panic, one would expect the Nasdaq to show a deeper dive than the Dow. But as the top chart above indicates, on Monday and Tuesday it was actually the Dow that saw a deeper selloff. Then yesterday, Thursday, February 8, the two widely disparate markets traded i...
Overnight in Asia, Japan's Nikkei 225 following last night's record close for the Nasdaq with a tech-led gain of 1.21%, while the regional MSCI ex-Japan benchmark rose 0.62% into the close of trading. Veteran fund manager delivers alarming S&P 500 forecast ...
that KBH currently boasts a PEG ratio of 0.78. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Building Products - Home Builders industry stood at 0.81 at the close of the market yesterday...
The latest trading session saw Stag Industrial (STAG) ending at $37.35, denoting a +0.62% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily gain of 0.51%. On the other hand, the
The Hong Kong market opened higher on Monday. Hang Seng index opened up 90 points, H share index up 32 points and technology index up 38 points. Technology stocks led the rally. Alibaba rose 3% for 45-point gain to lead the blue chips. Meituan rose 1.75% for 24-point gain. Tencent ...
The firm said it expects the broad market index to hit 6,700 by the end of next year, which implies more than 10% upside from Thursday's close. The index has already risen more than 27% this year. "While this year's equity rally was a mix of both earnings growth and a valuation ...
. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Internet - Services industry stood at 2.12 at the close of the market yesterday....