Stock market today: S&P 500, Dow back away from records as Fed cheer fizzles
The S&P 500 ( ^GSPC) fell roughly 0.2% after the benchmark index ended at an all-time high. The Dow Jones Industrial Average ( ^DJI) traded slightly lower on the heels of notching its own record close. Leading the way lower, contracts on the tech-heavy Nasdaq Composite ( ^IXIC) dropped 0.3%.
Richly valued US stock market may find limited benefit from rate cuts
As the Federal Reserve kicks off a long-awaited rate cutting cycle, some investors are wary that richly valued U.S. stocks may have already priced in the benefits of easier monetary policy, making it harder for markets to rise much further.
Stifel's Barry Bannister said that the non-farm payroll six-month diffusion index just crossed below a "recession trigger ...
Wall Street's top regulator on Wednesday unveiled rules allowing stock markets to price shares in increments of half a penny, ...
JP Morgan Research has forecasted the S&P 500 to be at 4,200 by December 2024, according to the mid-year outlook from July 19 ...
Additional Fed rate cuts will boost confidence in one overlooked area of the market, a Goldman Sachs portfolio manager said.
Zimbabwe’s stocks are on a tear as investors seek refuge from the new bullion-backed currency that’s at a record low against ...
Warren Buffett has been raising cash probably because his Buffett Ratio (measured as the S&P 500’s price index to forward ...
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