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‘Inflation Has Eased.’ Stocks Near Highs as Fed Signals Rate Cuts

‘Inflation Has Eased.’ Stocks Near Highs as Fed Signals Rate Cuts

Stocks are clawing toward record levels after the Federal Reserve confirmed hopes of a soft landing. The S&P 500 rose 2.5 percent between Friday, December 8, and Friday, December 15. The index has advanced for seven straight weeks and is just 2 percent below its...

Megacaps Lag as Stocks Keep Rising. Has the Great Rotation Begun?

Megacaps Lag as Stocks Keep Rising. Has the Great Rotation Begun?

Money is streaming into abandoned corners of the stock market as yearend approaches. Are investors finally shifting away from megacap growth names like Apple and Microsoft? The S&P 500 rose 0.8 percent between Friday, November 24, and Friday, December 1. It was...