The benchmark S&P 500 Index hit a new intraday high Monday, as did 15 component stocks, while U.S. investors anticipated more economic stimulation from the Federal Reserve this week.
The stock closed Dec. 31 at $157.74. It was up 56% year-to-date through Monday’s close. For 12 months it was up 15%. The Dow Jones Industrial Average DJIA, +0.49% added 0.5% Monday to close at 27,090.49, while the Nasdaq Composite Index COMP, +1.01% was up 1%. Read: He warned the Fed might lose control over a $2 trillion interest-rate market — now he says it might happen again
Bubble
$LRCX up 106.5% and $KLAC up 95.3 %
Thanks to buybacks. Not 'the economy'.
Microsoft ? Surprised that you don't mention that one first...🎃
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S&P 500 heads for record as earnings reports signal a recession is nowhere near'Of the S&P 500 companies that have reported over the last month, just 32 mention recession on their calls,' says Nick Mazing of Sentieo. And then there is reality... Q1 GDP 3.1% Q2 GDP 2.0 % Q3 GDP forecasted at 1.5% By definition a recession is 2 or more quarters of negative GDP growth. We are not there yet but certainly moving in that direction A LOT of stocks tanked this earnings season with flat and negative revenue growth ?
Source: CNBC - 🏆 12. / 72 Read more »
These are the stocks that led the S&P 500 to the cusp of new recordStrong performances by technology and bank stocks have sent the S&P 500 climbing this month. la razón del alza del S&P 500 y los nuevos máximos...
Source: CNBC - 🏆 12. / 72 Read more »
S&P 500 jumps to record high on strong earnings, trade-deal progressThe S&P 500 hit an all-time high today following strong earnings and progress on U.S.-China trade. The S&P 500 rose 0.3% at the open to trade above 3,027.98, the record set on July 26. Anyone want to guess where it's closing though? At this rate it's about to blow through 3050. Strong earnings😂😂😂 What is the progress on the trade deal, specifically?
Source: CNBC - 🏆 12. / 72 Read more »