Russell 2000 rises, economic moderation: Top market trends

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 52 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 63%

Josh Schafer News

Russell 2000

The Dow Jones Industrial Average (^DJI) notched a record close while the S&P 500 (^GSPC) ended the day just below a record high in Monday's session. Yahoo...

) hit its highest level since 2022. As more economic data points to cooling inflation, confidence grows in the potential for a September rate cut, giving small caps a boost.

So here's a big one that Bank of America's oung Kwong highlighted to me, this is expectations for earnings for mag seven versus the S and P 500.Notably, here we've just been seeing purple going up and we haven't seen blue go up for a long time.Well, this is this quarter you're supposed to see the 493 come out of their earnings recession and start to post positive earnings growth.

You kind of want to keep coming in like the data has been coming in which is not too hot, not too cold.Retail sales are expected to fall by about 0.2% on a headline up slightly if you take out auto and gas, that's a good report for the market. Cathie Wood's investment fund, Ark Invest sold at least $4.5 million worth of Nvidia stock this year, per The Wall Street Journal.These TSX socks have the potential to deliver above-average returns. Plus, some of these companies also pay dividends. The post My Top 5 TSX Stocks to Buy Right Now for Massive Returns in a Decade appeared first on The Motley Fool Canada.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 47. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks, Russell 2000 roar higher to start trading weekAll three of the US market averages (^DJI, ^IXIC, ^GSPC) open Monday's session and the third trading week of July in positive territory. The Morning Brief's ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Why the Russell 2000 may have its day in the sun: Stocks in TranslationIt's been 668 days since the Russell 2000 (^RUT) hit a record high. Much of Wall Street has been focused on large cap tech names like Nvidia (NVDA) and...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »