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Its consumer confidence index dropped to 98.3 from January's 105.2 and below a Dow Jones average forecast from economists of 102.3. It also marked the largest decline since August 2021.
Research from FactSet on Friday, showed the S&P 500 is already trading at 22.2 times 2025 earnings estimates. This is above the five-year average of 19.6 and the 20-year average of 15.8.
The S&P 500 closed higher on Thursday to end a three-day losing streak. The index was fueled by a surge in Tesla's stock, which closed 22% higher after a strong earnings beat.
The S&P 500 has been at the mercy of the 10 year note for the entirety of the week, as yields suddenly have people concerned at times. S&P 500 Weekly Price Forecast – S&P 500 Has Wild Week Skip ...
The Nasdaq hit a new record, but the S&P 500 and the Dow ended a multi-week rally. Mega-cap tech earnings will be in the spotlight next week. Stock market today: S&P 500 ends 6-week win streak ...
Wells Fargo sees the S&P 500 rising another 6% this year to 5,535 as investors ... Wall Street just gave its highest S&P 500 forecast yet. ... You can get TurboTax for 30% off on Amazon today. AOL.
The S&P 500 and Nasdaq rose 0.57% and 0.63%, respectively, while the Dow Jones increased by over 100 points. The 10-year Treasury yield rose three basis points to 4.298%. The US dollar jumped ...
The S&P 500 notched a fresh record. A surge in Micron's stock led the gain, fueled by a better-than-expected earnings report and guidance. The memory chipmaker was up as much as 20% at intraday ...