Historical records show that August and September tend to be tumultuous months for the American stock market. Therefore it would not be surprising that there is instability during the beginning of the month. Since the S&P 500 index grew by 20% from January to July 2023 many investors have been...
The Nasdaq-100, being the leading performer among key U.S. stock indices this year, has just encountered its toughest two-week period since December, according to data from Dow Jones Market. On Friday, the tech-focused index ended a fortnight slide of 4.6%, dropping 100.77 points or 0.7%, to close at 15,028. This...
The substantial growth in the stock market observed in the early portion of the year has now concluded. Investors should prepare themselves for reasonable returns from this point up until the end of 2023. Barry Bannister, the chief equity strategist at Stifel, alerted clients in a message on Thursday that...
As the baby boomer generation approaches retirement, a note of caution arises concerning their stock holdings. Presently, a significant 37% of baby boomers maintain a higher level of equity holdings than advised by Fidelity Investments for their life stage. This insight comes from Mike Shamrell, Fidelity’s Vice President of Thought...
A seasoned strategist whose accurate prediction of the 2023 market rally garnered attention now envisions a period of stagnation for stocks throughout the remaining course of this year and possibly extending into 2024. This foresight is rooted in the belief that corporate earnings growth will fall short of the exceedingly...
In the face of numerous gloomy forecasts, stocks have shown remarkable resilience this year, steadfastly forging ahead. Even amidst a recent 2% dip, the S&P 500 has surged more than 17% throughout 2023. This upward trajectory has weathered challenges such as surging interest rates, dwindling earnings, the prolonged Ukrainian conflict,...
