The record-setting rally in stocks is stumbling this week. US stocks dropped on Thursday as traders took in strong economic data, revised their expectations for Fed rate cuts, and took in wearing momentum in the AI trade. All three major US indexes slipped lower in the early morning, putting them on track for their third…
Like the high market valuation levels he warns about, Société Générale strategist Albert Edwards‘ bearish missives don’t tend to serve well as near-term market timing tools. He acknowledges as much. “An equity investor who heeded my words of caution on the US Tech ‘bubble’ will by now have taken to sticking pins in plasticine models…
For investors looking for direction in the stock market, keep an eye on two technical levels in major indexes. Paul Ciana, a technical strategist at Bank of America, said he was watching two levels in the S&P 500 and Dow Jones Industrial Average to determine where they go next. Those levels could serve as important…
AI could ultimately be a $16 trillion gift to the stock market. That’s according to strategists at Morgan Stanley, who see the productivity gains and cost-cutting spree stemming from artificial intelligence adding as $13 to $16 trillion in value for the S&P 500. At the high end of Morgan Stanley’s estimates, that implies the benchmark…
A rush of investor cash is headed for the stock market in the second half, most of it coming from retail investors. That’s according to JPMorgan, which predicted this week that investors are poised to inject $500 billion into stocks through the rest of 2025, and most of that will come from retail traders. “Led…
President Donald Trump appears to still be on edge from the conflict that’s unfolded between Israel and Iran. But US stocks have proven eager to test record highs. Investors welcomed Trump’s announcement on Monday evening that Israel and Iran had agreed to a ceasefire, and then stayed upbeat throughout Tuesday, even as the president fired…
It’s been a volatile year for stock traders, but there are a handful of new winners in the S&P 500 that could be poised for big gains over the next 12 months, according to Goldman Sachs. In a note to clients on Friday, the bank said it updated its Sharpe Ratio basket, a list of…