What bear market? These stocks are trading at all-time highs

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

While concern over inflation and Fed interest rate hikes weigh on the market, some names are reaching the highest levels seen since they started trading.

As the market struggles to break out of its bear market, there are several stocks that have already soared to all-time highs this year. After a dismal 2022, the stock market has tried to climb back into the green, with some success. While the S & P 500 is up about 4% year to date, the Dow Jones Industrial Average erased its gains this week and is now down around 1% so far in 2023, as of Wednesday's close.

In the fourth quarter, we continued to raise Personal Auto rates, but at a pace slower than in late 2021 and early 2022," CEO Tricia Griffith said, according to a transcript. PGR ALL mountain Progressive's performance since 1980. Progressive also discussed its approach to telematic devices that monitor client's driving habits, which can potentially reduce premiums. Shares are up about 11% this year. Meanwhile, on Monday, W.W.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Any fool who thinks that stocks are trading at all time highs right now is definitely not anyone I would have anything to do with when it comes to purchasing or selling stock.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Asian Stock Market: Bears cheer Fed Chair Powell’s rate signals, strong yieldsShare prices in the Asia-Pacific zone remain downbeat during early Wednesday amid fears of higher interest rates, as well as recession. Adding strengt
La source: FXStreetNews - 🏆 14. / 72 Lire la suite »

Stock market could 'take it hard' as expectations grow for a 6% fed funds rateBlackRock Inc., the world's largest asset manager, is putting a 6% level for U.S. interest rates on the map --- a view that is only gaining more traction. 😬 THE POWELL DEPRESSION. THAT’S WHAT’S ON THE TABLE. BETTER GET THIS MAN GONE OR WE ARE ALL IN FOR TROUBLE!!!!!!!!!
La source: MarketWatch - 🏆 3. / 97 Lire la suite »