Investors say Trump is better for stocks, but are split on where the market is heading, CNBC survey shows

  • 📰 CNBC
  • ⏱ Reading Time:
  • 44 sec. here
  • 20 min. at publisher
  • 📊 Quality Score:
  • News: 84%
  • Publisher: 72%

Breaking News: Markets Nouvelles

Politics,Breaking News: Politics,NASDAQ Composite

A new CNBC Delivering Alpha Stock Survey of 400 money managers shows they think Trump is better for stocks, but they're split where the market is heading.

A majority don't think Nvidia is a great investment at these levels.is the clear favorite when it comes to the stock market, according to the latest results of CNBC's Delivering Alpha Stock Survey.rose 68% during Trump's four years in office versus the 44% gain so far under Biden's administration. Thejumped 137% during Trump's administration, compared with a 34% gain for Biden three and a half years into his four-year term.

Seventy-seven percent of the survey respondents said they trusted the central bank to do right by the American economy, but 23% said they didn't trust the Fed. Two-thirds said they believe the Fed will cut interest rates before the end of this year, but 23% disagreed, saying there'll be no cut in 2024. Ten percent of respondents said they would urge the Fed to cut at the next meeting on July 30-31.

A vast majority, some 80%, said they were uncomfortable with how tech heavy the major indexes have become to the point where it makes them nervous.rise. The stock is up more than 150% in 2024, but down about 12% from its 52-week high as of Thursday's close. The drop was logged all in the last week.Seventy percent of CNBC's respondents said they own the stock. Thirty-nine percent said they will continue to hold it, without buying more for now.

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
 

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

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.

CNBC Daily Open: Dow gains as investors turn to banking and energy stocks; Nvidia sinksThe Dow Jones Industrial Average rose 260 points as investors rotated out of technology and into banking and energy stocks, such as Goldman Sachs and Chevron.
La source: NBCNewYork - 🏆 270. / 63 Lire la suite »

CNBC Daily Open: Dow gains as investors turn to banking and energy stocks; Nvidia sinksThe Dow Jones Industrial Average rose 260 points as investors rotated out of technology and into banking and energy stocks, such as Goldman Sachs and Chevron.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Jim Cramer’s guide to investing: Sometimes market moves are just ‘noise’CNBC's Jim Cramer warned investors about taking every individual stock move to heart.
La source: CNBC - 🏆 12. / 72 Lire la suite »