Expect another strong July for stocks, market strategist says

The past decade has brought particularly strong months of July for the S & P 500 , according to Carson Group. And the firm's chief market strategist expects a similarly good performance this year. In the past 10 years, the S & P 500 gained 3.3% in an average July, making it the best month on average for returns over the same time period, Carson data shows . By comparison, when looking all the way back to 1950, July is the fourth best month with an average return of just 1.

SPX 3M mountain The S & P 500 Detrick expects this year's performance for the trading month, which kicks off at Monday's open, to look more like a continuation of the past decade's trend than the longer-term historical average. Partly that's because there's already a summer rally taking place, which Detrick said has been driven by investor expectations for an improvement in the broad economy.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Homebuilder ETF outperforms S&P 500, industry's stocks still ‘cheap’ in 2023 market rallyHomebuilder stocks are relatively “cheap” even after surging this year, and represent a pocket of the U.S. equities-market rally that extends beyond the Big...
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »