History to investors: Load up on stocks!
It’s the last day of October for stocks and the markets have enjoyed an anxiety-ridden climb toward all-time highs, but if this statistical trend for equity benchmarks holds up, there is much more room to run.
Similarly, when the S&P 500 has gained at least 20% through Oct. 31 — it is up 21.17% thus far, as of Thursday — the benchmark’s return is 6.21% on average for the remaining period, with an average full-year gain of 33.8%. To be sure, past results are absolutely no indication of future returns and U.S. stocks on Thursday fell amid growing worries about the likelihood that the U.S. will be able to carve out a genuine trade agreement with China soon and as an impeachment-inquiry vote tied to President Donald Trump was passed in the House.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coors Light, Blue Moon Maker To Cut 500 Jobs, Rebrand Amid Declining Beer SalesOverall U.S. beer sales have been dropping for the past five years.
Read more »
Coors Light, Blue Moon Maker To Cut 500 Jobs, Rebrand Amid Declining Beer SalesAmid declining beer sales, Molson Coors, the maker of Coors Light, Miller Light, and Blue Moon, announced today that it will cut 500 jobs and rebrand itself to a “beverage company,” not just a beer one by rachsandl
Read more »
Asia stocks set to rise as Fed slashes interest rates, S&P 500 hit record highsInvestors will watch for market reaction to the Federal Open Market Committee's overnight decision to cut its benchmark funds rate by 25 basis points. The central bank also removed a key phrase from its statement that said it will 'act as appropriate' to sustain the current expansion.
Read more »
Running From the Heat, Olympic Marathon Moves 500 Miles NorthThe marathon and race-walk events at next year’s Summer Olympics will be held 500 miles north of the host city of Tokyo to avoid the heat of Japan’s capital.
Read more »
Dow, Nasdaq Composite swing higher, but market breadth is still negativeAlthough the Big 3 stock market indexes have swung higher, in the aftermath of the Federal Reserve's interest rate cut, broader market breadth remains...
Read more »
Asia stocks set to rise as Fed slashes interest rates, S&P 500 hit record highsInvestors will watch for market reaction to the Federal Open Market Committee's overnight decision to cut its benchmark funds rate by 25 basis points. The central bank also removed a key phrase from its statement that said it will 'act as appropriate' to sustain the current expansion.
Read more »