For the second year in a row, U.S. Treasurys have played a pivotal role, acting like a wrecking ball with significant fluctuations in yields shaping the trajectory of the stock market and other assets. As the year concludes, the market appears more stable, driven by renewed buying interest that has...
Tom Lee, the head of research at Fundstrat Global Advisors and a consistent advocate for equities, envisions the S&P 500 rallying to 5,200 by the end of the upcoming year, indicating a robust 14% increase from its current level. In his analysis released on Thursday, Lee predicts that the decline...
Analysts at Ned Davis Research issued a prudent warning on Wednesday, advising buoyant stock-market enthusiasts to temper their expectations of a “Santa Claus rally.” The indicators measuring bullish sentiment have surged into the “excessive” zone, a potential signal that runs parallel to the historical trend of a lackluster performance in...
Stock futures in the U.S. saw a rise on Wednesday, following a challenging day for stocks despite the added assistance from bond yields. What’s happening On Tuesday, there were fluctuations in the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite. Specifically, the DJIA declined by 80 points (0.22%) to...
After a strong rally in November, the stock market experienced a pullback on Monday, setting a cautious tone ahead of the crucial monthly jobs report. The S&P 500 (^GSPC) declined by 0.5%, and the Dow Jones Industrial Average (^DJI) slipped by 0.1%, around 40 points. Leading the downturn, the Nasdaq...
An assault on a U.S. warship and commercial vessels in the Red Sea is sparking concerns among investors regarding a potential escalation in the Israel-Hamas conflict. This development adds complexity to the recently optimistic outlook for the U.S. stock rally, which achieved a new closing high for the year just...
