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The US stock market boom has boosted the wealth of the world's billionaires to $14 trillion, UBS says. In commodities, bonds, and crypto: West Texas Intermediate crude inched lower to $68.46 a barrel.
Fed rate cuts, strong earnings, and a Trump win have fueled the stock market rally. Yardeni Research highlighted 5 charts that show the stock market is trading near extreme valuations.
The stock market's record-breaking run could spell bad news for investors in 2025, a research firm says. Use any market correction to load up on Magnificent Seven stocks, the "Dean of Valuation" said.
That puts the stock market in a precarious position. Expectations regarding rate cuts could change based on an important economic data point that will be published on Wednesday, Nov. 27.
Stocks added to records on Wednesday as traders took in strong earnings and looked ahead to more Fedspeak. Salesforce, Marvell Technology, and Dollar Tree rose higher after beating earnings estimates.
The election results helped deliver the stock market's best monthly gain of the year, with the Dow Jones and S&P 500 rising 7.5% and 5.7%, respectively in November.
Here's what else happened today: Disney said it will appoint Bob Iger's successor as CEO by early 2026. Goldman Sachs said investors should prepare for a decade of muted returns in the stock market.
The good news, though, is that history shows that the market is incredibly predictable over the long haul. The stock market has a 100% success rate when it comes to recovering from downturns, and ...