Mike Santoli discusses how the stock market was able to shake off some growing risks in the last week.
A week removed from a brutal payroll report that triggered worry over a tapped consumer and a trapped Federal Reserve, the broad stock indexes are back at the cusp of all-time highs, market volatility has returned to year-to-date lows and some investors are calling off the August hurricane watch. The S & P 500's 2.4% gain last week and the Nasdaq 100's 3.
It's a winner-take-most index for a winner-take-most economy, in which AI is the source of most of the investor enthusiasm and AI-related capital spending is the key marginal source of GDP growth. These concentration issues shouldn't be dismissed as irrelevant or without risks, but they're not in themselves an indictment of the credibility or staying power of this market advance.
Meta Platforms Inc Microsoft Corp Palantir Technologies Inc Johnson & Johnson Invesco S&P 500 Eql Wght ETF Trade Desk Inc ON Semiconductor Corp Eli Lilly And Co Apple Inc NASDAQ 100 Index S&P 500 Index NVIDIA Corp Breaking News: Markets Markets Investment Strategy Business News
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.
Israeli man held hostage for 500 days by Hamas recounts harrowing experienceA man held hostage by Hamas for more than 500 days in Gaza spoke out at an event in suburban Highland Park on Wednesday night.
Read more »
S&P 500 guessing game: Who's next to be included, according to StephensCompanies being added to the index can expect funds that track the stock market benchmark to buy huge amounts of their shares in coming weeks.
Read more »
The most bullish S&P 500 forecast out there on Wall Street: 7,000 by year-endWith investments surging in AI, robotics, blockchain and other innovations, Sanctuary Wealth Management sees potential for the market to rally further.
Read more »
Midcap Growth Quietly Beats S&P 500—Top ETFs to Ride the OutperformanceMarket Analysis by covering: Nasdaq 100, Amphenol Corporation, Vanguard Mid-Cap Growth Index Fund ETF Shares, Royal Caribbean Cruises Ltd. Read 's Market Analysis on Investing.com
Read more »
Q2 Earnings Preview: Can Corporate Profits Justify S&P 500’s Record-Setting Rally?Market Analysis by covering: Nasdaq 100, S&P 500, Chevron Corp, Citigroup Inc. Read 's Market Analysis on Investing.com
Read more »
US stocks move lower and pull S&P 500 back from its recordStocks are moving lower on Wall Street, pulling the S&P 500 and the Nasdaq composite below the records they set a day earlier.
Read more »