January 2, 2024

S&P 500 at 5400 is ‘probable and even conservative’ – Oppenheimer

Oppenheimer Asset Management analysts suggest that a pause in the market rally would be reasonable after the robust gains witnessed in the fourth quarter of 2023. Analysts note that it’s […]

December 29, 2023

Wells Fargo says S&P 500 ‘will struggle to post gains early in 2024’

Speculation about a “Santa Claus rally” dominates financial discussions every December, irrespective of the market’s annual performance. Along these lines, Wells Fargo strategists remind investors that the S&P 500 Index has already […]

December 22, 2023

S&P 500 is ‘nearly perfect’ when these 3 indicators align – Stock Trader’s Almanac

Stock Trader’s Almanac continues to be bullish on stocks following their analysis of seasonal patterns and the 4-year Presidential Election cycle. Analysts were one of the very few on the […]

December 18, 2023

Dow Jones, Nasdaq, S&P 500 weekly preview: Eyeing record highs

The S&P 500 (SPX) closed 2.5% higher last week, which marked the 7th straight week of gains. The index is now very close to posting fresh record highs as it […]

December 14, 2023

Analysts react to dovish Fed as S&P 500 breaks 4700, 10-year yield falls below 4%

The S&P 500 Index gained 1.4% on Wednesday following the Federal Reserve’s more dovish than expected commentary on monetary policy. The median dot is now implying three rate cuts in 2024, compared […]

December 11, 2023

Dow Jones, Nasdaq, S&P 500 weekly preview: Focus shifts from NFP to CPI and FOMC

Investors are still digesting the Friday economic data, including a hotter-than-expected jobs report, while also preparing for the busy calendar of macro catalysts, including the release of U.S. inflation data […]

December 7, 2023

Can S&P 500 rally without the Magnificent 7 leading the way? ‘Easy’ says BofA

The market enthusiasm for artificial intelligence (AI) has attracted investors to high-flying tech stocks, reminiscent of past bubbles, raising concerns among analysts. The surge in the so-called “Magnificent Seven” tech […]

December 4, 2023

Analysts who correctly predicted 2023 rally give their S&P 500 forecast for next year

The S&P 500 is having an incredible year. The benchmark U.S. stock market index is up 19.7% on the year as bulls test the resistance around 4600. For Stifel’s analysts, […]

December 4, 2023

Dow Jones, Nasdaq, S&P 500 weekly preview: Can this rally hold?

The S&P 500 (SPX) recorded its fifth consecutive candle last week (+0.8%), matching the May-June streak. The index is now testing the 2023 highs around 4600. A break above this level would […]

November 30, 2023

JPMorgan sees 8% downside risk for S&P 500 next year

JPMorgan Chase equity strategists continue to stand apart with a notably pessimistic outlook amid a wave of Wall Street strategists forecasting all-time highs for U.S. stocks in the coming year. […]

November 27, 2023

Dow Jones, Nasdaq, S&P 500 weekly preview: Testing key resistance

S&P 500 (SPX) recorded the fourth consecutive weekly close last week, ultimately closing at the highest level since July. It also marks the longest weekly run since June. The benchmark U.S. […]

November 17, 2023

Bank of America is telling clients to fade S&P 500 rally above 4550

Global stock funds have witnessed substantial inflows, attracting $23.5 billion in the week ending November 15, marking the second-largest inflow of the year, according to Bank of America’s note referencing […]

November 6, 2023

Dow Jones, Nasdaq, S&P 500 weekly preview: Fed sparks a massive rally

Stocks surged aggressively last week as investor bets rose that rates have peaked in the aftermath of the FOMC’s decision to leave rates unchanged. Moreover, the labor market data cooled, […]

November 4, 2023

Bitcoin outperforms S&P 500 with 60% annualized return, Fidelity study shows

Bitcoin‘s (BTC) risk-reward ratio has been described as being in “a different universe” by a recent study from Fidelity Investments. The cryptocurrency has shown a 60% annualized return over a […]

October 30, 2023

Dow Jones, Nasdaq, S&P 500 weekly preview: Fed, Apple and NFP in spotlight

The bears had a relatively easy time last week as high yields, ongoing geopolitical risks, strong economic data, and, most importantly, disappointing earnings all worked in their favor. “Healthy earnings […]

October 30, 2023

Dow Jones, Nasdaq, S&P 500 weekly preview: Fed, Apple and NFP in spotlight

The bears had a relatively easy time last week as high yields, ongoing geopolitical risks, strong economic data, and, most importantly, disappointing earnings all worked in their favor. “Healthy earnings […]

October 3, 2023

Dow sheds nearly 500 points as yields jump. S&P, Nasdaq also tumble.

The S&P 500 fell Tuesday as data showing surprise strength in the labor market, stoked further concerns about higher Federal Reserve interest rates, pushing Treasury yields to the highest levels […]

October 2, 2023

Dow Jones, Nasdaq, S&P 500 weekly preview: More room for correction in October

The S&P 500 (SPX) recorded the fourth consecutive weekly drop candle after falling 0.7% last week. The index printed the lowest level since the end of May as stocks responded to another […]

September 29, 2023

S&P 500, Nasdaq gain as softer PCE data supports rate-pause hopes

By Shashwat Chauhan and Shristi Achar A (Reuters) -The S&P 500 and the Nasdaq rose on Friday after a softer-than-expected reading on a crucial inflation metric kept alive hopes of a pause […]

September 25, 2023

S&P 500 edges up, helped by energy as investor eye rate outlook

By Lewis Krauskopf, Ankika Biswas and Shashwat Chauhan (Reuters) – The S&P 500 rose modestly on Monday, helped by Amazon.com (NASDAQ:AMZN) shares and the energy sector, as Treasury yields increased and investors […]

September 20, 2023

S&P 500 inches higher after Fed leaves rates unchanged as expected: Live updates

The S&P 500 was little changed on Wednesday after the Federal Reserve said it would leave interest rates unchanged but indicated another hike on the horizon. The broad index slid just 0.1%, […]

September 18, 2023

Dow Jones, Nasdaq, S&P 500 weekly preview: Why did stocks drop on Friday?

The S&P 500 (SPX) lost 0.2% last week following a sentiment reversal on Friday, when the index dropped 1.2%. This way, the S&P 500 fell below the short-term supporting trend line, which […]

September 15, 2023

9 Highest Dividend-Paying Stocks in the S&P 500

There’s a truism on Wall Street that the fastest way for a company to double its dividend yield is to see its share price cut in half. After all, it’s […]

September 11, 2023

Dow Jones, Nasdaq, S&P 500 weekly preview: Goldman sees ‘a choppy path for equities’ in near term

(SPX) fell 1.3% last week after previously recording two consecutive weekly green candles. Nasdaq Composite Index (IXIC) dropped nearly 2% as investors were adding value amid fears that the Federal Reserve will […]

September 9, 2023

Iraq Maintains its S&P Credit Rating

By John Lee. In the latest credit rating report by Standard & Poor’s (S&P), Iraq has retained its credit rating at B- / B with a stable outlook. According to the […]

September 8, 2023

U.S. stocks edge higher as S&P 500 attempts to snap 3-day losing streak

S&P 500 remains on track for a weekly loss U.S. stocks traded slightly higher Friday afternoon, after a downbeat, holiday-shortened week which has been plagued by worries over rising yields […]

September 2, 2023

Fund manager who outperformed the S&P 500 since 1989: These are my best and worst stock picks

Joel Tillinghast has picked his share of winning stocks. The legendary mutual fund manager has run Fidelity Low-Priced Stock since its launch in December 1989. Since then, the fund has posted […]

September 1, 2023

S&P 500 ends higher as jobs data fuels rate-hike optimism

By Shristi Achar A and Noel Randewich (Reuters) – The S&P 500 ended higher on Friday after a jump in unemployment cemented expectations of a pause in interest rate hikes this month, […]

August 24, 2023

If the S&P 500 breaks this key support level, bulls will be in trouble

Stock benchmark needs to hold 4330 as market internals deteriorate. The stock market, as measured by the S&P 500 Index , peaked near 4600 in late July and has been in a […]

August 24, 2023

7% Dividend Yields: The 6 Best Payouts in the S&P 500

Money-market funds and Treasury bills are offering strong competition for high-dividend stocks with short-term rates above 5%, but they aren’t the only game in town. There are a group of […]