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Stocks are the 'asset class of choice' as markets are now used to bad news, strategist says https://www.cnbc.com/2024/01/30/stocks-asset-class-of-choice-as-markets-used-to-bad-news-strategist.html Jan 30, 2024 - Stocks are still the "asset class of choice" even as geopolitical risks mount, says Beat Wittmann, partner at Porta Advisors.
Busy Fed week, tech earnings could dictate the course of this rally, Fundstrat’s Tom Lee says https://www.cnbc.com/2024/01/29/busy-fed-week-tech-earnings-could-dictate-the-course-of-this-rally-fundstrats-tom-lee-says.html Jan 29, 2024 - Tom Lee was calling for new highs by late January, but an air pocket may be forming.
U.S. Stocks Little Changed Ahead Of Key Events https://www.rttnews.com/story.aspx?Id=3419844 Jan 29, 2024 - Following the lackluster performance seen during last Friday's session, stocks continue to show a lack of direction during trading on Monday. The major averages have spent the day bouncing back and forth across the unchanged line. Currently, the major averages are narrowly mixed.
U.S. Stocks May Lack Direction Ahead Of Fed Meeting, Key Earnings & Economic Data https://www.rttnews.com/story.aspx?Id=3419805 Jan 29, 2024 - Stocks may show a lack of direction in early trading on Monday, extending the lackluster performance seen in the previous session. The major index futures are currently pointing to a roughly flat open for the markets. Traders may be reluctant to make significant ahead of several key events this week, including the Federal Reserve's monetary policy announcement on Wednesday.
20 "Tech" Stocks Make Up Over 35% of the S&P 500. Here's What That Means for Your Portfolio. https://www.fool.com/investing/2024/01/28/20-tech-stocks-sp-500-buy-2024-invest/?source=iedfolrf0000001 Jan 28, 2024 - The stock market isn't what it used to be.
S&P 500 posts three-week win streak as Wall Street looks to Fed meet for rate cut clues https://seekingalpha.com/news/4059338-sp-500-posts-three-week-win-streak-as-wall-street-looks-to-fed-meet-for-rate-cut-clues?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news Jan 26, 2024 - The S&P 500 (SP500) on Friday advanced 1.06% for the week to end at a 4,890.97 points, posting gains in four out of five sessions
U.S. Close Mixed As Traders Weigh Intel Guidance Against Inflation Data https://www.rttnews.com/story.aspx?Id=3419629 Jan 26, 2024 - After trending higher over the past several sessions, stocks turned in a relatively lackluster performance during trading on Friday. The major averages bounced back and forth across the unchanged line before eventually closing narrowly mixed. The choppy trading on Wall Street came as traders weighed disappointing earnings news from against tamer than expected consumer price inflation data.
Tech Leads S&P 500 to Highs: Does Further Rally Await ETFs? https://www.zacks.com/stock/news/2216594/tech-leads-s-p-500-to-highs-does-further-rally-await-etfs?cid=CS-ZC-FT-etf_news_and_commentary-2216594 Jan 26, 2024 - The S&P 500 has been hovering around an all-time high. The chart indicates that, on average, investments made at record highs tend to perform better over the next five years, as quoted on Yahoo Finance.
U.S. Stocks Move Modestly Higher Following Tamer Than Expected Inflation Data https://www.rttnews.com/story.aspx?Id=3419594 Jan 26, 2024 - After showing a lack of direction early in the session, stocks have moved modestly higher over the course of the trading day on Friday. The modest strength that has emerged on Wall Street comes following the release of a Commerce Department report showing a bigger than expected slowdown in the annual rate of core consumer price growth in the month of December.
U.S. Stocks May Give Back Ground Amid Steep Drop By Intel https://www.rttnews.com/story.aspx?Id=3419541 Jan 26, 2024 - Stocks may move to the downside in early trading on Friday, giving back ground after trending higher over the past several sessions. The major index futures are currently pointing to a modestly lower open for the markets. A steep drop by shares of Intel is likely to weigh on the markets, with the semiconductor giant plunging by 9.8 percent in pre-market trading,
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