The S&P 500 is up 3% over the past 12 months as the market's resilience continues to mystify many

Powell said: We've done what we can as we go. But I will say that we're not out of ammunition by a long shot. No, there's really no limit to what we can do with these lending programs that we have."Dow Jones Industrial AverageU.S. lawmakers have also approved trillions in fiscal stimulus to help cushion the economic blow from the coronavirus. Some of the fiscal relief measures undertaken include sending stimulus checks directly to Americans and expanded unemployment benefits.

shows that about 58% of the S&P 500's overall market cap is held by companies that have "not been meaningfully impacted by, or in some cases benefited from, the pandemic." The S&P 500's forward price-to-earnings ratio — a widely used valuation metric on Wall Street — currently sits above 20. Katie Nixon, CIO at Northern Trust Wealth Management, pointed out that's above the 5-year and 10-year averages of 16.7 and 15.1.

The market was artificially propped today by vaccine news that wasn’t news at all. We’re still looking at Dec/Jan - the earliest. That’ll be the case of ANY vaccine or new medication. Where’s the journalism CNBC? Very disappointing! SquawkCNBC now FastMoney i

Yea LOL --- The Fed's buying ETFs

Lmao you said Wall Streets resilient . What a joke . Tell the DAMN TRUTH. I’d be resilient with 7 trillion from the FED . I’ll shot the RESILIENT CHART well well well .

Resilient? Two words. federal reserve

Age of the heartless greed!

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Stock market news today: Dow and S&P 500 updates - CNNOffice Depot stock surged today after announcing Friday it was closing some stores and laying off 13,000 employees, about one-third of its workforce Sad correlation? i thought they been closed up shop. still unfortunate to read. I usually only see 3 employees in my local store, so I'm assuming my store will be self service.
Source: cnnbrk - 🏆 393. / 55 Read more »

The number of women running Fortune 500 companies hits an all-time recordFemale CEOs are at the helm of 7.4% of this year's Fortune 500 businesses.
Source: Women 2.0 - 🏆 149. / 63 Read more »

Tesla on verge of qualifying for inclusion in S&P 500 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. But what about the last year of stories? Tons of tweets! About Elon being ousted at Tesla, and the company losing its value and doom and gloom? Does your news team have any past credibility? I said goodnight madam. A company funded with taxpayer support listed on the S&P 500❓Dont think it qualifies. Brought 3 $TSLA today :))
Source: BusinessInsider - 🏆 729. / 51 Read more »