Search results
Results from the WOW.Com Content Network
The stock market just opened on Thursday and the big story is earnings news. Let’s look at how major indexes are doing: S&P 500: +16.43 (+.30%) Nasdaq Composite: +38.03 (+.23%) Dow Jones ...
October marks two years since the end of the last bear market in 2022, with the S&P 500 up more than 63% since its Oct. 12, 2022 close. Forty-one S&P 500 companies are expected to report results ...
The S&P 500 (GSPC) and Nasdaq Composite recently had their worst single-day drops since 2022 as the indexes struggled to recover losses during a Friday rally. All three major averages closed the ...
Big Tech on deck. S&P 500 companies have had a strong start to earnings season. The index is expected to grow earnings by 12.7% compared to the year prior in the fourth quarter, per FactSet data.
Helping to support the fervor has been strong profit reports from Entergy and other big U.S. businesses. Companies in the S&P 500 are on track to deliver nearly 17% growth in their earnings per share for the final three months of 2024, compared with a year earlier. That would be the best growth since 2021, according to FactSet.
The S&P 500’s total return for the first half of the year, including dividends, is 15.3%, according to S&P Dow Jones Indices data. Without Nvidia’s gains, the index’s total return is 10.7%.
With the S&P 500 at record high levels, the index is now trading at 22.3 times future 12-month earnings estimates, well above its long-term average of 15.7, according to LSEG Datastream.
The early days of the latest earnings season have been positive, generating excitement for more earnings beats to come as mega-cap tech firms get ready to report results next week. Of the S&P 500 ...