“The financial sector is much more than just banks,” says DataTrek Research. Financial stocks in the S&P 500 have outperformed the broader U.S. stock market over the past year, reflecting optimism about the economy, according to DataTrek. “Even if you’re not overweight on financials, their continued leadership reassures that equity...
The S&P 500 had its worst week in 18 months, followed by its best day in three weeks on Monday, despite little new information. This highlights how uncertainty around interest rates and politics is likely to keep markets volatile in the coming months. Last month, 94% of global equity indexes...
Since 2008, the S&P 500 has declined during the two months leading up to every U.S. presidential election, with an average drop of 5.8%, according to Dow Jones Market Data. Looking further back to 1952, the index has averaged a slight decline of 0.2% in this period, though the median...
When markets dip, it often see it as a buying opportunity. However, Tuesday’s selloff felt different. Following an ISM report indicating a slowdown in manufacturing, the S&P 500 plunged 2.1% and the Nasdaq Composite dropped 3.3%, marking the largest decline since August 5. Retail investors did step in to buy...
In June 2024, Nvidia briefly overtook Microsoft to become the largest company by market capitalization on the S&P 500. While this achievement marks a significant milestone, history shows that holding the top spot often precedes a decline. According to JPMorgan Asset Management, many past leaders, including General Motors, IBM, Altria,...
With Federal Reserve Chair Jerome Powell indicating that “the time has come” for rate cuts, it’s crucial to reassess your financial strategies. The expected rate reductions could create opportunities for borrowers, savers, and spenders, but they also come with potential challenges. Powell’s recent comments have fueled speculation that the Fed...
