The new month of equity trading kicks off on a positive note, led by gains in Nvidia (NVDA) shares after the AI chipmaker announced its next-generation Rubin platform, set for release in 2026. However, benchmark Treasury yields are less than 20 basis points from their highest levels since early November,...
S&P 500 Posts Strongest May Since 2020, Defying ‘Sell in May’ The S&P 500 index recorded its strongest May performance since 2020, raising hopes for a summer rally and challenging the popular “sell in May and go away” adage. “Momentum leads price, and a strong May increases the odds of...
Early Friday, stock index futures indicate the S&P 500 may face another decline. Over the past two days, the Wall Street barometer has fallen 1.33% due to disappointing technology sector earnings, which have dampened optimism about AI-related companies. Rising borrowing costs have also hurt sentiment. Midweek, the 2-year Treasury yield...
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...
