A group of quantitative strategists from J.P. Morgan is drawing parallels between the ongoing stock-market surge, which has propelled the S&P 500 to six consecutive record closing highs in 2024, and the dotcom bubble. Led by Khuram Chaudhry, the analysts highlight the increasing concentration in the U.S. stock market as...
Early on Tuesday, U.S. stock index futures hovered near their record highs in anticipation of an upcoming earnings report from the widely acclaimed Microsoft. Current Stock-Index Futures Trading: On Monday, the Dow Jones Industrial Average (DJIA) recorded a gain of 224 points, or 0.59%, closing at 38333. The S&P 500...
The upcoming week is poised to be a critical juncture for stock-market dynamics, with investors closely monitoring key events such as the Federal Reserve’s monetary-policy meeting, a pivotal December employment report, and a wave of earnings reports from major technology players. These events are expected to provide vital insights into...
Bespoke Investment Group’s analysis suggests that the S&P 500 index is poised for continued upward momentum in 2024, building on its strong January performance. The research team at Bespoke observed a historical trend wherein, if the S&P 500 maintains positive gains through a certain point in January, it tends to...
Thursday is poised to mark the fifth consecutive record close for the S&P 500, underscoring its sustained robust performance. Nevertheless, alternative metrics in the U.S. stock market paint a less sanguine picture. The Value Line Geometric Index (VALUG), an equal-weighted gauge monitoring the median performance of approximately 1,700 major listed...
The relentless upward trajectory of the S&P 500 faces a potential hiccup, courtesy of Tesla’s underwhelming performance, leading to a substantial dip in premarket shares. Investor attention turns to the forthcoming updates from tech powerhouses in the Magnificent Seven, such as Microsoft (MSFT), Alphabet (GOOGL), and Apple (AAPL), scheduled for...
