Market seasonality has been 'revoked' this year. Here's why.

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 63 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 63%

Thomas Martin News

Market Domination,Earnings Growth

Big bank earnings powered a rally on Wall Street, pushing the Dow Jones Industrial Average (^DJI) and S&P 500 (^GSPC) to new highs despite being a...

GLOBALT Investments senior portfolio manager Thomas Martin joins Market Domination Overtime to discuss the market movement and its outlook heading into 2025.

In addition, he expects the market to broaden out from technology leadership in 2025. This movement will not only be powered by earnings growth, but by a resilient consumer as the Federal Reserve continues easing interest rates.The major index is rising for the fifth straight week and our next guest says these gains are a result of the rotation out of tech.

Uh And if you look at those same factors, uh they bottom out uh on a, you know, historical basis at the end of this month.So it's not surprising that investors are looking through that uh and looking positively at the markets.You know, we, we we've been talking about the seasonal is not really operating this year and also the fact that we're at around the two year mark of this bull market.

And as long as these other fundamentals are strong, they're not really catalysts for the market to go down.The WNBA has been praised in the past as a leader for its diversity hiring practices. At the end of the 2022 season, half of the 12 head coaches in the league were Black. Two years later, Seattle’s Noelle Quinn is the only one left after Tanisha Wright was let go in Atlanta and Teresa Weatherspoon was fired in Chicago in the past few weeks.

 

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:

 /  🏆 47. 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.

Stock market today: Wall Street drifts near record highs following recent big movesNEW YORK (AP) — U.S. stocks are drifting around their records as financial markets around the world take a pause following big recent moves. The S&P 500 was up 0.1% in early trading Wednesday.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street slips below its record highsNEW YORK (AP) — U.S. stocks are edging down from their records. The S&P 500 slipped 0.3% in early Thursday trading. The Dow Jones Industrial Average was down 65 points after likewise setting an all-time high the day before.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street leaps toward records as jubilation sweeps markets worldwideNEW YORK (AP) — Wall Street is roaring toward records Thursday as a delayed reaction of jubilation sweeps markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 was 1.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street wavers a day after setting record highsU.S. stocks are drifting in early trading after leaping to records the day before as part of a worldwide rally. The S&P 500 was down 0.2% Friday but still on track for its fifth winning week in the last six.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street slides as Treasury yields climb back above 4%NEW YORK (AP) — U.S. stocks slid after Treasury yields hit their highest levels since the summer and oil prices continued to climb. The S&P 500 fell 1% Monday, though it’s still close to its all-time high set a week ago.
Source: SooToday - 🏆 8. / 85 Read more »