With the S&P 500 (^GSPC) trading near record highs and valuations approaching levels last seen during the dot-com bubble, strategists are rethinking what normal looks like for today’s market. Bank of America equity strategist Savita Subramanian is among those making the case. “Perhaps we should anchor to today’s multiples as the new normal rather than…
Wall Street is set for a busy week with a plethora of economic data releases scheduled. The primary focus for market participants will centre on the September non-farm payrolls report and the August job openings numbers. Beyond these key employment figures, traders will be closely monitoring releases covering S&P final manufacturing and services PMIs, consumer…
U.S. President Donald Trump passes a document to Federal Reserve Chair Jerome Powell to fact-check the numbers during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24, 2025. Kent Nishimura | Reuters President Donald Trump posted on Saturday a cartoon image depicting him firing Federal…
The consistently higher returns of the U.S. stock market compared with its European and Asian counterparts year after year have led investors across much of the world to focus their attention on Wall Street, closely scrutinizing the performance of its indices and quarterly earnings seasons. With the S&P 500 delivering a return of over 100%…
Final results for the University of Michigan’s September consumer sentiment survey released Friday showed sentiment slipped more than expected over the past month. The index of consumer sentiment fell to 55.1 — lower than the 55.4 projected by economists tracked by Bloomberg as well as the 58.2 in August and 70.3 the prior year. Preliminary…
US stock futures ticked higher as Wall Street awaited August’s Personal Consumption Expenditures price index, the Federal Reserve’s preferred inflation gauge, amid uncertainty over central bank policy. Futures attached to the Dow Jones Industrial Average (YM=F) hovered just above the flatline. Futures attached to the benchmark S&P 500 (ES=F) and the tech-heavy Nasdaq 100 (NQ=F)…
First came the digital-asset treasuries—public companies that raised equity, bought crypto and watched their stock prices soar. It was a kind of financial alchemy: tap the stock market to buy tokens, then let the market reward you for holding them. Now comes the effort to scale that trade. GSR, a crypto market-maker, filed to launch…
A graph displaying the Apple stock price on a smartphone app. Jaap Arriens | Nurphoto | Getty Images Regulators are moving to dismantle one of the most controversial barriers for active retail traders — the $25,000 minimum equity rule for pattern day trading. The Financial Industry Regulatory Authority on Tuesday approved amendments that would replace…
Stock indexes slipped on Tuesday as Wall Street took a pause from its relentless rally. The Standard & Poor’s 500 dipped 0.6%. The Dow Jones industrial average dropped 88 points, or 0.2%, and the Nasdaq composite sank 0.9%. It’s the first pullback for the indexes after the trio set all-time highs in each of the…
Check out the companies making headlines in midday trading : Better Home & Finance Holding — The mortgage lender briefly soared as much as 176% Monday after hedge fund manager Eric Jackson in a social media post on X called Better Home “the Shopify of mortgages” and said the company is rebuilding a $15 trillion…