Are Stocks in a Bull Market? Investors Divided as S&P 500 Rises

  • 📰 AllSidesNow
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

The S&P 500 rose over 20% from October, leading some investors to predict a new period of stock market gains. Others aren’t so convinced. See potential bias and similarities in coverage from CNBC, foxbusiness and axios: BullMarket Stocks

The S&P 500 stock index rose over 20% from its previous low in October, leading some investors to predict a new period of stock market gains. Others aren’t so convinced. A “bull market” is conventionally defined as a 20% rise in stock prices from a previous low. A “bear market” — like the one the S&P 500 entered in June 2022 — is the inverse, a 20% drop from a recent high. would affect the stock market.

One expert from Goldman Sachs said the S&P could reach 4,500 — about 260 points below its pandemic-era peak — by the end of the year. However, experts from Morgan Stanley and Citi were less optimistic, saying the index could fall to 4,000. The disagreement partly stems from the uneven distribution of gains; while some companies' stocks are rising, others are stagnant or falling. Coverage was mainly found in business outlets, most of which AllSides rates as Center or Lean Left.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 572. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

S&P 500, Nasdaq Composite see highest close since April 2022 as stocks power higherThree major U.S. stock indexes rose on Monday as stocks built on their gains following the S&P 500’s exit from bear-market territory late last week. The Dow Jones Industrial Average increased by 189.55 points, or 0.6%, to 34,066.33:
Source: MarketWatch - 🏆 3. / 97 Read more »

The 2023 Fortune 500 list is out: These are Northeast Ohio biggest companiesICYMI: 10 Northeast Ohio companies made the Fortune 500 list this year.
Source: clevelanddotcom - 🏆 301. / 63 Read more »