Putnam Large Cap Growth Fund’s Strategy for Durable Growth Investors often demand superior performance to justify higher fees for active management. While outperforming broad stock indexes is challenging and fees can contribute to underperformance, active management can employ strategies to mitigate long-term risk, even with an aggressive growth focus. The...
How Are Stock-Index Futures Trading? On Tuesday, the Dow Jones Industrial Average dropped 217 points, or 0.55%, to 38,853. The S&P 500 edged up by 1 point, or 0.02%, to 5,306, while the Nasdaq Composite climbed 99 points, or 0.59%, to 17,020. Futures suggest that U.S. stock indices will open...
As summer and the mid-year mark approach, investors are finding success by sticking with stocks. Clare Hart, Morningstar’s 2024 “Outstanding Portfolio Manager,” shares her strategy as she wraps up a two-decade tenure at JPMorgan’s Equity Income Fund (OIEIX). Under her guidance, the fund has averaged a 9.4% annualized gain since...
With 62% of U.S. adults holding investments in corporate America, reducing consumer demand enough to curb inflation seems increasingly difficult. Last week, U.S. stocks reached new all-time highs, enhancing the financial well-being of millions and complicating the Federal Reserve’s battle against inflation. According to Gallup data released this month, 62%...
The market is highly responsive to economic data that disrupts the ‘Goldilocks scenario,’ says Anthony Saglimbene of Ameriprise Financial. On Friday, major U.S. stock indexes rose, with the tech-heavy Nasdaq Composite hitting a fresh record peak ahead of the Memorial Day weekend. Nvidia Corp.’s quarterly earnings were “the most important...
In Wednesday’s session, Nvidia Corp. could not counteract the negative stock-market sentiment stemming from the minutes of the May policy meeting of the Federal Reserve. Despite Nvidia’s strong performance in the quarter, the stock markets were unable to rebound on Thursday. Although Nvidia’s stocks soared to over $1,000, both the...
