S&P 500 and Nasdaq records, market bullishness: Takeaways

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 47 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 63%

Nasdaq Composite News

Market Strength,Josh Schafer

Major indexes concluded the trading day on a positive note, with the Nasdaq Composite (^IXIC) and the S&P 500 (^GSPC) achieving new all-time highs. Yahoo...

dissects the top takeaways from Monday's session, including the concentration of market strength in the technology sector, investor bullishness surrounding the S&P 500, and the potential implications of the US retail sales data for market dynamics.So we have more record highs for the S and P 500 the NASDAQ, and we also have more bullish call calls on how high the S and P 500 can go this year.

So my big takeaway from this chart being essentially yes, you can look at a lot of sentiment indicators that are gonna tell us we are stretched. But when you look at the fundamentals, this is from Goldman Sachs, and they point out, this is earnings revision, so upward revisions to earnings over the last year.Microsoft, NVIDIA, Amazon, Google, Meta 38% and the S and P 500 is flat and the rest of the S and P 500 is down.

But it seems like the economists largely feel like we are slowing down, but not entering a slow down cooling, not crashing, cooling, not crashing.‘I’m counting on this income’: Single mom in NC faces squatter nightmare after Airbnb guests refuse to leaveHere's what investors should expect from Enbridge's dividend in 2024. The post How Much Will Enbridge Pay in Dividends This Year? appeared first on The Motley Fool Canada.FEATURE Nvidia stock was trading down slightly Monday.

 

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 US

United States United States Latest News, United States United States Headlines

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

Stock market today: S&P 500, Nasdaq hold near record highs as Wall Street gets bullishWall Street wondered if the bull rally that has roared through 2024 has more room to run.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: S&P 500, Nasdaq futures steady near record highs as Wall Street gets bullishWall Street wondered if the bull rally that has roared through 2024 has more room to run.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stocks mixed, but S&P 500 and Nasdaq saw big gains this weekWhile the S&P 500 (^GSPC) stalled out in its rally, the Dow Jones Industrial Average (^DJI) closed the Friday session lower, falling by over 0.5% this week. ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stocks open Friday lower after big week for S&P 500, NasdaqAll three of the major market averages (^DJI, ^IXIC, ^GSPC) are opening Friday's session lower, coming off the S&P 500 and Nasdaq Composite's consecutive...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »