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Defense stocks just rocketed to all-time highs, and some strategists are betting on even more gains to come.
Shares natural gas company NiSource dropped after a series of gas explosions left several homes near Boston demolished or engulfed in flames.
Stocks rose on Thursday as Apple shares recovered from losses in the previous session. Investor sentiment was also boosted as fears of rapidly rising inflation were tempered.
To keep things going, the Fed should not increase interest rates faster than the market expects, says the Bridgewater Associates founder.
Some of the names on the move ahead of the open.
Stocks opened higher on Monday as tech shares tried to rebound from sharp losses in the previous week.
The tech sector now makes up 26 percent of the S&P 500 – its highest weighting since it peaked at just above 29 percent in the year 2000. Including Amazon, the industry is a bigger part of the index than it was at the internet bubble peak
Stocks snapped a four-day winning streak Thursday after a report said President Donald Trump would support moving ahead with additional tariffs on Chinese imports as early as next week.
Here’s what five market experts had to say about what investors should do with stocks hitting record highs.
The Dow averages a decline of 0.7 percent while the S&P 500 falls 0.5 percent on average in September, data from “Stock Trader’s Almanac” show. The Nasdaq Composite, which was launched in 1971, falls half a percent on average.
Stocks jumped on Monday as the United States and Mexico closed a new trade deal, potentially removing a source of uncertainty that had been plaguing investors for months.
The S&P 500 and Nasdaq Composite reached all-time highs on Friday as Netflix shares rose. The broader market also climbed after the top Federal Reserve official characterized the U.S. economy as “strong.”
Stocks fell slightly on Wednesday as investors attempted to shake off renewed political worries surrounding President Donald Trump on the day the bull market was set to become the longest on record.
The S&P 500 hit an all-time high on Tuesday and the benchmark tied the record for the longest bull market ever as investors bet the strengthening economy and booming corporate profits seen under President Trump’s first two years would continue.
Professional investors have suddenly turned optimistic about U.S. stocks again, with bullish sentiment fed by an especially buoyant earnings season that is offsetting other concerns. Domestic equities are holding the biggest portfolio weight since January 2015, according to the August Bank of America Merrill Lynch Fund Managers Survey, a look at where 243 pros who …