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- Stocks staged a dramatic turnaround Thursday, bouncing back from significant losses at the start of trading and finishing sharply higher. Investors were disheartened at first by the Consumer Price Index report, which showed continued inflation pressures. That added to fears that multiple big rate hikes from the Federal Reserve could be ahead.
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The S&P 500 and Nasdaq Composite marched to record highs on Tuesday — their 27th and 15th of 2024, respectively. But beneath the surface, signs of weakness proliferated.
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Mar 12, 2024 · US stocks ended Tuesday's trading session in a sea of green with the S&P 500 (^GSPC) notching a new record high as investors shrugged off hotter-than-expected inflation data. The S&P 500...
- 2 min
- Alexandra Canal
May 15, 2024 · Key Background. Higher rates typically weigh on stocks as they make the debt financing most companies use to finance operations more expensive. Higher inflation typically drags down stocks as...
- Derek Saul
May 21, 2024 · Analysts say a strong economy, moderating inflation, robust corporate profits, and trust in the Federal Reserve are buoying investor confidence and helping stocks rise. However, they warn that ...
Jun 17, 2024 · Why stock market indexes are breaking records. Much of the current rally is being credited to the increased likelihood of a looming interest rate cut by the Federal Reserve. The Fed's counter-inflation policies have resulted in the CPI coming down from a 41-year high of 9.1% in June 2022 to its current 3.3%.
Oct 9, 2021 · Presently, the CAPE Ratio hovers at around 37, its highest level since the 2000-2002 Dotcom crash -- higher now than the 30 it reached before the Black Tuesday crash in October 1929 that triggered ...