S&P 500, NASDAQ hit new highs on corporate earnings
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On July 21, the S&P 500 closed above its 20-day moving average for 60 straight days. Investors use moving averages to chart levels that could indicate some kind of breakout, meaning stocks heading higher. It's used more by technical strategists, but can be useful for all investors when it comes to identifying trends or sentiment.
The S&P 500 has reached a very high level of concentration, with the top 10 stocks driving 54% of its market cap gains since January 2021.
Is the stock market's record-setting rally running out of steam? The S&P 500 and Nasdaq Composite on Tuesday were coming close to turning positive in early afternoon trading but have failed to break through.
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TV News Check on MSNDow Drops 205, Nasdaq Loses 80, S&P 500 Falls 19U.S. stocks dipped Tuesday and broke Wall Street's record-breaking, weeklong run. The post Dow Drops 205, Nasdaq Loses 80, S&P 500 Falls 19 appeared first on TV News Check. The post Dow Drops 205, Nasdaq Loses 80,
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The S&P 500 has historically performed better following record highs as compared to its forward returns following any random day.
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Oppenheimer Asset Management on Monday raised its year-end target for the S&P 500 index to 7,100, the highest among major Wall Street brokerages, betting on easing trade tensions and strong corporate earnings.
If the S&P 500 has been such a great investment, surely adding a few smart tweaks should make it even better, right? That’s been the theory behind dozens of factor-based spinoffs.
The S&P 500 ended every day this week at a new high. The moves have been modest—on Thursday, the index advanced just 0.07%—but this is the longest streak of closing records since last July, according
The textbook idea that the S&P 500 gives you a diversified exposure to risk is just simply no longer the case,” Apollo economist Torsten Sløk told Fortune.
The S&P 500 Index and its top ETFs, like VOO and SPY will be in the spotlight this week as the market reacts to several notable events like macroeconomic data and earnings. These events come as the index remains at an all-time high following the 30% surge from its lowest level in April this year.
Investing in dividend-paying ETFs can be a great way to achieve diversification and generate passive income no matter what the broader market is doing.