The chances of a market correction are creeping up as the tech-led 2024 rally fades into year-end, according to Jeremy Siegel, professor emeritus of finance at the University of Pennsylvania's Wharton School of Business. "I really think we're going to take a pause this next year," Siegel said Monday on CNBC's " Squawk on the Street ." "I think there might be some disappointment, as time has gone on.
Stocks got a boost from Donald Trump 's presidential election win as investors bet that his promises of tax cuts and deregulation will propel growth and benefit risk assets. Siegel pointed out that this would mark the second time in history that the S & P 500 rallied more than 20% for two straight years. The first time was 1998 and 1999, followed by the dot-com bubble burst in 2000, he said.
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:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Here’s What BTC, DOGE, XRP Whales Did During The Market CorrectionCrypto Blog
Källa: Crypto_Potato - 🏆 568. / 51 Läs mer »
Nvidia Stock Correction Sparks Rotation in Semiconductor MarketDespite a recent correction in its share price, Nvidia remains a dominant player in the semiconductor and AI industries. Market analysts suggest that this decline has spurred investment in other semiconductor and AI-related companies.
Källa: nbcchicago - 🏆 545. / 51 Läs mer »
Market Moves: Nvidia Correction, Waymo in Tokyo, and Small-Cap SurgeCNBC Daily Open covers the latest market news, including a correction in Nvidia shares, Waymo's entry into the Tokyo taxi market, and the recent rise of small- and mid-cap companies.
Källa: CNBC - 🏆 12. / 72 Läs mer »
Nvidia Correction and Market DownturnNvidia's stock price fell into correction territory, marking the eighth consecutive day of losses for the Dow Jones Industrial Average. The market is showing signs of realizing that there are other beneficiaries of the AI boom beyond Nvidia. Meanwhile, the Federal Reserve is expected to cut interest rates further in the coming months.
Källa: nbcchicago - 🏆 545. / 51 Läs mer »