Next week could get dicey for markets as earnings slow to a trickle and investors continue to go without government data. There was already more trepidation in the market this past week. On Friday, stocks are on pace to snap a three-week advance, with technology dragging all three major indexes into the red. The Nasdaq…
Weak breadth is troubling investors heading into November. Stocks wrapped up October at record highs, with the S & P 500 up more than 16% year to date after climbing a wall of worry that most recently included rising trade tensions between the U.S. and China. The broader index has now advanced for six straight…
Lock it in or let it ride? It’s a question that investors might ponder at this point in an unexpectedly rewarding year, as the calendar pivots appropriately from the season of feigned fright to one of gratitude for life’s bounty. For most people, this is less about getting fully out of or staying wholly in…
There’s a problem with the stock market’s latest moves to record levels: most stocks aren’t participating. BTIG chief market technician Jonathan Krinsky highlighted Monday that, while the S & P 500 hit all-time highs on Friday and Monday, overall breadth was lackluster. Put another way, the number of New York Stock Exchange-listed companies that closed…
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) A firm finish to the week for stocks keeps the S & P 500 ‘s multi-day pullback to a minimum. With every excuse to retreat more notably — technical overbought conditions, unfriendly seasonal…
(These are the market notes on today’s action by Mike Santoli, CNBC’s senior markets xommentator. See today’s video update from Mike above.) The majority of the market is idling after a nice run to record highs and ahead of a Fed decision, while some idiosyncratic flows goose the mega-tech stocks and the S & P…
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) -A wan, unconvincing bounce attempt from Tuesday’s stumble, but with enough pep in Mag 7 names to support the broad indexes. -The pops in Alphabet and Apple after a favorable antitrust ruling –…
The S & P 500 as a whole is telling a bullish story taking place on Wall Street this year. Strip out the megacap technology names, and it tells a much different one. Investors have piled into the tech giants — including Nvidia, Microsoft, and Meta Platforms — this year as they mount bets on…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Wednesday and what’s on the radar for Thursday’s session. Record Breakers The S &…
A week removed from a brutal payroll report that triggered worry over a tapped consumer and a trapped Federal Reserve, the broad stock indexes are back at the cusp of all-time highs, market volatility has returned to year-to-date lows and some investors are calling off the August hurricane watch. The S & P 500’s 2.4%…