The Magnificent 7 group of stocks again proved their dominance in 2024. With an average gain of 63% in the year, they accounted for more than half of the S&P 500’s total gains. Now, I do believe that all seven tech giants are well-positioned for sustained growth. However, I think Meta Platforms (META) is the […]
Trump is about to make dubious history. When 2024 came to a close, investors had every reason to smile. The iconic Dow Jones Industrial Average (^DJI -1.63%), broad-based S&P 500 (^GSPC -1.54%), and growth stock-powered Nasdaq Composite (^IXIC -1.63%) ended the year higher by 13%, 23%, and 29%, respectively. Catalysts have been aplenty, with the […]
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US hedge fund boss Boaz Weinstein has said he wants to be a “white knight” for UK investors and the London stock market by buying into the £266bn investment trust sector. The founder of New […]
Wall Street was closed on Thursday in observance of a National Day of Mourning for former President Jimmy Carter. U.S. stock markets closed mixed on Wednesday as market participants remained concerned regarding the forward trajectory of both inflation and interest rates. The Dow and the S&P 500 ended in positive territory, while the Nasdaq Composite […]
It’s widely accepted the US stock market, AKA Wall Street, is currently overpriced or overvalued. That means the benchmark S&P500 index (which tracks the ups and downs of a basket or portfolio of hundreds of America’s biggest companies) is potentially due for a drop in value, or a fall. The multi-trillion-dollar question is whether the […]
Investing in the stock market can be a great way to build up your wealth and save for retirement. But just how much do you need to truly retire comfortably, and how much should you have invested in the market today to be on track to hit that magic number in 25 years? Below, I’ll […]
The Golden Arches still look like a golden investment opportunity. McDonald’s (MCD -1.60%), the world’s largest fast-food chain, is often considered a reliable stock for long-term investors. But over the past 12 months, the stock has stayed nearly flat as the S&P 500 has advanced nearly 24%. Many investors shunned McDonald’s as it grappled with […]
This crestfallen sector titan looks undervalued today. Semiconductor designer Nvidia (NVDA -3.00%) has been crushing the stock market in recent years. As a leading hardware provider for the artificial intelligence (AI) boom, Nvidia’s sales and profits are soaring. The stock rose 171% in 2024 and more than 720% since OpenAI released the Nvidia-powered ChatGPT system […]
It’s really not as simple as saying good news on the economy was treated as bad news on Wall Street. Yes, the S & P 500 shed 1.5% Friday, after December payroll growth of 256,000 was 100,000 above forecasts and the unemployment rate fell a tick to 4.1%. But the mini-market tantrum is less about […]
Forecasts for a near-term stock-market correction are getting more plentiful. The S&P 500’s recent performance and technical indicators suggest a possible downturn. Business Insider spoke to three equity strategies who see an S&P 500 decline of up to 16% this year. Talk of potential stock-market correction this year is heating up. While the S&P 500 […]