The stock market is back at new highs, but champagne corks aren't popping on trading desks

  • 📰 CNBC
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Stock traders do not view a new high as really valid unless there is some serious action.

div > div.group > p:first-child"> The large beats on earnings from companies as diverse as Lockheed Martin, United Technologies, Pulte and Whirlpool are propelling the S&P 500 to a new high. In addition to earnings well above expectations, we see China bottoming, Europe at least showing some signs of stability, and the Fed remains accomodative.We have earnings reports from Banks and Industrials and a smattering of consumer names like Kimberly Clark and Procter & Gamble .

This is all good news, but if you think Wall Street is celebrating, try calling around on a trading desk: you won't hear any champagne corks popping.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

2018 let everyone know that the desire for an election year recession can no longer be overlooked. As in 1987 and 2007 the, we can control how much it goes down, turns out to be nonsense. That the wall of worry is intact is the best news we can get.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Honeywell's stock surges after earnings and sales beat, raised outlookShares of Honeywell International Inc. surged 1.9% in premarket trade Thursday, after the aerospace, building technologies and materials company reported...
Källa: MarketWatch - 🏆 3. / 97 Läs mer »

You can capture a dividend above 5% and still enjoy stock-market growthJeff Jonas of Gabelli talks about a closed-end fund that invests in the health-care and consumer staples sectors.
Källa: MarketWatch - 🏆 3. / 97 Läs mer »

Canopy Growth stock climbs more than 10% after report of potential merger with U.S. pot companyCanopy Growth Corp. shares spiked more than 10% higher in after-hours trading Wednesday after reports that it is preparing to acquire U.S. pot producer... I’ve been holding patiently and adding for everyone to realize this 😊🤯
Källa: MarketWatch - 🏆 3. / 97 Läs mer »