Key data could end or defend recession fears as stocks notch best quarter in a decade

Stocks head into the second quarter propelled by the best quarter in nearly a decade as the long tepid IPO market starts to simmer again.

Art Hogan, chief market strategist at National Alliance said with $700 million in potential offerings in the wings, this year could surpass the all-time record reached in 2000, when the new issue market was viewed as overheated and many companies without earnings or prospects made it into the public arena during the tech bubble.

Arone said while earnings are expected to be weaker, revenues are expected to grow by nearly 5 percent, a positive sign. In the past week, stocks were higher but so were bonds, to the point where the 10-year yield reached a low of 2.34 percent before returning to the 2.40 percent level. Yields move opposite price.

The economy's growth definitely slowed down in the first quarter and growth was tracking at about 1.5 percent, after the 2.2 percent gain in the fourth quarter. Economists have expected the weakness in the first quarter, both due to the government shutdown and bad winter weather, to be temporary but the question is whether growth can get a jump start in the second quarter.

LOL... You forgot about 2007, and 1999, huh?

Indonesia Berita Terbaru, Indonesia Berita utama

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

Euphoric IPO market may be a troubling sign for stocksThe eagerness by companies to list may signal a scramble to tap public markets before things go south. Y this all happening, all of a sudden, plane crash now thus sad back, find which country is involved
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

Cramer: Fund managers are ditching high-growth stocks for Lyft, IPO seasonThe major indexes finished Wednesday in the red. Jim Cramer says expect the selling to continue as big funds build capital to buy IPOs Crazy... Cash loser forever Bullshit. Again jimcramer doesn't know what the hell he is talking about. Why are the Democrats not enraged over one person one vehicle transportation?
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

Pinterest Files For April IPO As More Unicorns Take Advantage Of Rebound In Tech StocksPinterest, the nine-year-old visual social media site, says it has 250 million monthly active users, $756 million in revenue, and is losing money.
Sumber: Forbes - 🏆 394. / 53 Baca lebih lajut »

Turkish stocks dive and key interest rate hits 1,200%Turkish stocks plummeted on Wednesday as the country's struggles to defend its currency ahead of a key election on Sunday sent a key interest rate to an all-time high.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »