Most U.S. large-cap stock-picking funds underperformed the benchmark S&P 500 during the tumultuous early months of 2020, according to new data from S&P Dow Jones Indices.
As fears of the coronavirus pandemic and related economic damage rippled through the markets, the S&P 500 tumbled 34% from its February high to its March low. But by the end of April, the index had shot back up 30% and posted its best one-month percentage gain since January 1987.
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:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market live updates: Futures jump, airline stocks up, S&P down 1% this yearA conversation on the latest market-moving news. The mere fact that any markets are up amidst such social unrest, economic hardship & worldwide pandemic tells us that the markets literally have nothing to do with 99% of us. There are NO successful black nations in the world. Any country that has majority black rulers also has the worlds highest rates of poverty, violence and poorest of quality of living standards. It is truly sickening hearing losers advocating DEBT spending for a failed cause. Another huge week. Not to late to jump in. Still another 20-30% gain ahead with almost zero downside risk. Put everything you have and can borrow into the market now and clean up. Easiest chance to make money in my lifetime.
Source: CNBC - 🏆 12. / 72 Read more »
Mohamed El-Erian: I'm 'uncomfortable' betting on continued 'huge recovery' in the stock marketThe Allianz chief economic advisor, who in early March correctly called a coronavirus-driven bear market, told CNBC he's reluctant to buy the recent reopening rally. AMERICA WILL ALWAYS RECOVER WE ARE THE GREATEST NATION IN THE HISTORY OF CIVILIZATION One thing I learned in this crisis: stop watching CNBC. He's been uncomfortable all the way up. One of many poster children defining a the so called a wall of worry
Source: CNBC - 🏆 12. / 72 Read more »
Stock-market investing playbook, picks for recovery: Morgan Stanley - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Mid-tier airlines' stock is a good investment, analyst says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »