Post Tagged with: "S&P 500"

Source: CNBC

When the stock market is this overvalued, it is usually lower 12 months later

CNBC


The stock market could be in trouble after its historic surge from the late-March lows as valuations become increasingly elevated, data compiled by RBC Capital Markets showed.

The S&P 500′s trailing price-earnings ratio, a widely used valuation metric, …

June 23, 2020 - 2:30 pm Capital Markets, Closing Bell Story‎, Finance
Source Reuters

S&P 500, Dow retreat after rally; Nasdaq gains further

Reuters


Wall Street’s S&P 500 and Dow Jones indexes fell on Tuesday, while the tech-heavy Nasdaq hit a record high for the third straight session, as investors eyed this week’s Federal Reserve meeting for signs on how it views a …

Source: CNBC

This is the greatest 50-day rally in the history of the S&P 500

CNBC


The S&P 500 has returned 37.7% over the last 50 trading days, making it the benchmark index’s largest 50-day rally in history, according to LPL Financial.

And if history is any indication, there could be more gains ahead.

Looking …

June 3, 2020 - 2:30 pm Capital Markets, Closing Bell Story‎, Finance
Halliburton Cuts 8% of North American Jobs in Frack Slowdown

Halliburton Cuts 8% of North American Jobs in Frack Slowdown

From Bloomberg


Company executing new ‘playbook’ to deal with customer changes, shale producers are trimming spending amid investor pressure

Halliburton Co. is shifting strategy in its largest region to deal with subdued customer spending by trimming 8% of its North …

Wall Street Retreats as Rate Cut Expectations Ease

Wall Street Retreats as Rate Cut Expectations Ease

From Reuters


U.S. stocks declined on Friday, as the S&P 500 retreated after closing at a record for three straight sessions, following an unexpectedly strong U.S. payrolls report that caused investors to rethink how dovish a turn the Federal Reserve …

July 5, 2019 - 6:45 am Closing Bell Story‎, Economy, Energy News, Finance
Powell Opens Door to Possible Pullback in Fed Rate-Hike Outlook

Powell Opens Door to Possible Pullback in Fed Rate-Hike Outlook

From Bloomberg

 

  • Median could shift to two increases from three in 2019
  • Fed chief says rates ‘just below’ range of neutral estimates

 

Federal Reserve Chairman Jerome Powell opened the door for a potential pullback in projected interest-rate hikes …