As the U.S. stock market nears the end of June, Bespoke analyzed the typical first-half performance of the S&P 500. The S&P 500 index is on track to post significant gains for the first half of 2024, poised to surpass the historical average, according to Bespoke Investment Group. “The end...
Nvidia Corp. shares surged back with impressive force on Tuesday after a three-day slide that sent them into correction territory. The stock jumped 6.8%, securing its position as the second-best performer in the S&P 500 SPX for the day. This strong rebound came after Nvidia shares (NVDA) had fallen 12.9%...
Something unusual is happening on Wall Street, boosting the confidence of stock-market bulls as the first half of 2024 draws to a close. Corporate-earnings estimates, which typically decline throughout the year, are actually growing, according to FactSet data. John Butters of FactSet shared with MarketWatch that S&P 500 firms have...
U.S. stocks have posted an impressive election-year rally so far in 2024. As investors question whether the rally will continue, they’re closely watching inflation and economic-growth data to gauge the Federal Reserve’s potential interest-rate decisions and corporate earnings in the second half of the year. The S&P 500 is on...
On Thursday, Nvidia NVDA saw a roughly 7% peak-to-trough range, ending the day down 3.5%. This volatility has become a hot topic on Wall Street, with Friday’s futures indicating a cautious start. Is this dip a sign of waning exuberance that recently made Nvidia the world’s most valuable company, lifting...
Current forecasts suggest that the likelihood of a U.S. stock market crash is below average. According to State Street Associates’ “froth forecasts,” which draw on Harvard professor Robin Greenwood’s research, there’s an 18% chance of a 40% market decline within the next two years, compared to a five-year average of...
