Current investor optimism in equities has been driven largely due to enthusiasm surrounding artificial intelligence, which has created a concentrated market, according to Goldman Sachs. However, while earnings have broadly been strong, cyclical sectors of the market have not yet revised upward. "Over ...
said Jonathan Krinsky, the firm's chief market technician. Now, market bears have only one number left to keep the broad index below: a 76.4% retracement of the S&P 500's recent decline, which in this case sits around 5,191.
The Dow Jones crossed the 30,000 threshold for the first time ever Tuesday, fueled by news that suggests a more stable economy in the near future. Nov 24, 2020 What Do Election Results Mean For A Second Stimulus Package? Today's stock market gains come despite all the election uncertainty...
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The stock market just won’t crack. Bulls say it’s time for a breakout to new highs. Stock-market bulls are looking for a breakout to the upside after equities remained resilient in the face of bearish news. COMP0.41%SPX-0.01%DJIA-0.37% ...
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Please check back tomorrow for more markets news. 4:19 a.m. 11:18:32, April 16, 2020 Dow and S&P 500 log worst day since April 1 From CNN Business' Anneken Tappe US stocks closed lower on Wednesday, after weak economic data and earnings weighed on the market all day. Energy ...
Please check back tomorrow for more markets news. 4:19 a.m. 16:33:45, April 16, 2020 Dow and S&P 500 log worst day since April 1 From CNN Business' Anneken Tappe US stocks closed lower on Wednesday, after weak economic data and earnings weighed on the market all day. Energy ...
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Over on the Nasdaq Stock Market, 70% of all issues are lower and 75% of the day's volume is to the downside. Decliners are beating advancers on Nasdaq by just 3.6 to 1. New highs versus new lows is also the tell of a resilient market. On the New York Stock Exchange, new 52-week...