According to a recent report by DataTrek Research, despite the S&P 500 achieving a new record high on Friday, the overall market rally has not been evenly distributed across sectors. DataTrek assessed the performance of different sectors over the approximately two-year period leading up to January 19, comparing it to...
The decision by Ron DeSantis to withdraw from the Republican presidential race highlights the potential impact of elections on financial markets, especially considering the upcoming political events in the U.S., India, Mexico, and likely the U.K. this year. Citi’s strategists analyzed the market effects of 134 elections across 17 countries,...
The S&P 500 experienced a month of tight trading range volatility due to uncertainty surrounding interest rates. Breaking the trend, on Friday, the S&P 500 achieved its first record close in over two years, setting a new intraday record after being confined within a narrow trading range for almost a...
In 2023, the Trillionaires, consisting of seven U.S. companies valued at $1 trillion or more—Alphabet Inc. (Google’s parent), Amazon.com Inc., Apple Inc., Meta Platforms Inc. (Facebook’s parent), Microsoft Corp., Nvidia Corp., and Tesla Inc.—took charge of the S&P 500, exerting a profound influence on the market’s trajectory, whether for better...
Thursday witnessed a marginal uptick in U.S. stock index futures as Asian market concerns eased, accompanied by a dip in Treasury yields. Current Futures Activity: On the prior day, the Dow Jones Industrial Average (DJIA) declined by 94 points or 0.25% to 37267. The S&P 500 (SPX) witnessed a 27-point...
The US stock market ended on Tuesday with a decline, as investors weighed corporate earnings and a statement from a Federal Reserve member suggesting a decreased necessity for future interest rate cuts. How stocks traded Last week, stock prices saw an increase, with the S&P 500 finishing on Friday just...
