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Financials Take Leadership as Megacaps Sputter

Financials Take Leadership as Megacaps Sputter

Financial stocks have become the year's top performing sector as rotation away from megacaps intensifies. The group, which includes banks, insurers and securities firms, is now up 15 percent in 2024. It just pulled ahead of communications, which includes Nasdaq giants...

Stocks Pull Back Before Inflation Data and Earnings Season

Stocks Pull Back Before Inflation Data and Earnings Season

Stocks began the second quarter with a pullback as investors worried about higher interest rates and geopolitical risk. The S&P 500 fell almost 1 percent between Thursday, March 28, and Friday, April 5. (Markets were closed on March 29.) It was the biggest weekly...

Stocks Try to Bounce as Yields Fall But Global Risks Increase

Stocks Try to Bounce as Yields Fall But Global Risks Increase

Stocks are trying to bounce as investors weigh potential positives against rising global risks. The S&P 500 rose 0.4 percent between Friday, October 6, and Friday, October 13. It was the index's second straight positive week as the fourth quarter gets underway....

A Soft Landing? Why Stocks May Be Attempting a Turn as 2023 Begins

A Soft Landing? Why Stocks May Be Attempting a Turn as 2023 Begins

Stocks began the New Year with gains as investors see the potential for inflation to ease without a recession. The S&P 500 broke a four-week losing streak, rising 1.5 percent in the holiday-shortened period between Friday, December 30. Every major sector advanced,...

Stocks Keep Sliding as Inflation Squeezes Profits and Consumers

Stocks Keep Sliding as Inflation Squeezes Profits and Consumers

Stocks fell again last week as investors see more risk from the war in Ukraine and rising inflation. The S&P 500 slid 2.9 percent between Friday, March 4, and Friday, March 11. It was the fourth decline in the last five weeks, miring the index at levels from...

Stocks Keep Climbing, Fueled by Apple and Chip Stocks

Stocks Keep Climbing, Fueled by Apple and Chip Stocks

Stocks climbed again last week, fueled by strong technology earnings and more support from the Federal Reserve. The S&P 500 rose 1.7 percent between Friday, July 24, and Friday, July 31. The index has risen in four of the last five weeks. It also completed its...