S&P 500 Hits Second-Straight Record High As Experts Warn Of ‘Excessively Bullish’ Stocks—How Much Higher Could They Go This Year?

  • 📰 Forbes
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

The S&P has posted 51 closing records this year, putting it on track for more highs than any other year.

Major stock market indexes extended a streak of record highs Wednesdays as investors continued to gush over Federal Reserve stimulus measures, blowout corporate earnings and the promise of a strong economic recovery—factors that have prompted many experts in recent days to lift their stock-market expectations, with some forecasting the S&P 500 could climb nearly 10% by year's end.... [+]Boosted by outsized gains in leisure, travel and energy stocks, the S&P 500 ticked up 0.

Last week, LPL Financial boosted its end-of-year S&P target from 4,425 to 4,675, suggesting the index could climb another 4% this year, as a result of profits that were"off the charts" last quarter thanks largely to investments in productivity-enhancing technology and cost savings on business travel, entertainment and office space.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

High? Lol it just sunk last week? This is false . Everything dropped big time.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 394. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

What the S&P 500 ringing up 50 record highs in 2021 says to stock-market historiansThe S&P 500 index has produced 50 record closing highs so far this year, amid growing questions about how much farther stocks have to rise in the rebound...
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »