"Oftentimes the market would undergo a corrective phase ahead of the actual election day. We have not really had that if we reference theS&P 500, and that would suggest that maybe it's a bit more of a proof point for the market this time around in terms of its reaction," Stockton said...
"The theme of bad news being good for the equity market continues," said Matt Rowe, head of portfolio management at Nomura Capital Management. "Much of the equity strength is driven off of hope for an rate cut, or a series of rate cuts this year, that would take down the cost of cap...
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5-Minute Market Rundown December 13, 2024 2:53 PM Market Loses Steam; S&P 500 Could Snap Weekly Win Streak The Dow is looking to extend its worst daily losing streak since April 5-Minute Market Rundown ULTA | IOT | SMCI | BTC | META | AVGO December 6, 2024 2:12 PM Tech,...
Morgan Stanley pointed out in their Stock Market Outlook 2023 report, the stock market does very well in non-election years (+71%), and not badly in Presidential election years (40)%).6 Month Stock OutlookBy April of 2024, we might be through most of the bad news and economic crisis....
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November 13, 2024 01:07 PM EST Rocket Companies (RKT) shares tumbled 10% Wednesday, a day after the online financial platform badly missed revenue estimates and gave soft guidance as the housing market continued to be squeezed by high borrowing costs. ...
A trader works on the floor at the New York Stock Exchange on July 3, 2024. Brendan Mcdermid | Reuters Wednesday could see strong performance from the stock market, if history is any guide. July 3 has historically been the best day of the summer and one of the strongest days of the ...
$5 trillion in May, according to preliminary data released today by theWorld Federation of Exchanges. The May gain follows increases of $3.65 trillion in April and $1 trillion in March, and is the first time in almost two years of three consecutive monthly advances in world stock market ...
Stocks sold off Friday as inflation and geopolitical worries once again dented investor sentiment on Wall Street. A broad decline in major bank shares also weighed on the market. TheDow Jones Industrial Averageslid 475.84 points, or 1.24%, closing at 37,983.24. TheS&P 500tumbled 1.46% at 5,...