The stock market took a narrow road to record highs last month

"We're seeing a relatively narrow market, and that narrowness has been increasing recently and really driven by fewer stocks," BMO Wealth Management US Chief Investment Officer Yung-Yu MaParticipation from the other 493 stocks in the S&P 500 had been a feature of runs toward record highs in the last six months, including late 2023 andIn May, the S&P 500 rose about 4% while the equal-weighted index was up less than 2%.

Ned Davis research chief US strategist Ed Clissold wrote in a note to clients that "several market breadth indicators" haven't followed the recent rally higher. Nvidia logo is seen during Impact'24 congress in Poznan, Poland on May 16, 2024. In a note to clients on Monday, RBC Capital Markets head of US equity strategy Lori Calvasina called this recent action a "sudden stall" in the rotation trade, citing a few catalysts giving investors reason for concern.has been most impressive for that group as well, with earnings being revised higher for large-cap tech stocks in recent weeks, Calvasina noted.

Cathie Wood's ARK Invest missed out on more than $1 billion in returns by selling Nvidia stock too early

대한민국 최근 뉴스, 대한민국 헤드 라인

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

Stock market today: Stocks cap another winning month, S&P 500 logs best May since 2020Investors waited for the release of the Fed's preferred inflation data, seen as a potential turning point for a market gripped by rate-cut jitters.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Stock market today: Stocks climb as S&P 500 notches best 3-day run of 2024Stocks rallied at the end of last week, getting a boost from a 'Goldilocks' jobs report.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Stock market today: S&P 500 rises for 4th day, Disney sinks 9% after earningsResults from Disney took center stage as the media giant posted the first profit for a key part of its streaming business.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »