S&P 500 Flashcards
what is it trading at - S&P
around 4,200
what happened last week thu
. On Thursday, the S&P 500 closed below 4,200 for the first time since Ma
why has the S&P been surging last 7 months
The US stock market surged in the first seven months of the year, driven by enthusiasm about artificial intelligence and optimism that the Federal Reserve was approaching the end of its campaign to raise interest rates
why is the S&P now on the decline?
However, a combination of factors have been driving the market gradually lower, the biggest being the realisation that the Fed is likely to keep interest rates high for an extended period to bring inflation under control.
That has driven up yields on US government bonds, with the benchmark 10-year yield reaching new high. Higher rates reduce the relative value that investors are willing to place on stocks, .
what has it been like for tech earnings
a few high-profile disappointments have added to the negative mood among investors despite the fact profits overall have been resilient.
Google parent Alphabet dropped almost 10 per cent on Wednesday after narrowly missing revenue forecasts in one division, whereas companies that beat expectations, such as Microsoft, enjoyed only modest share price gains.
JP Morgans stock price
around 140
forecast of the S&P 500 and why
new highs |(4500)optimistiv macro outlook - growth been strong despite rate hikes - look at magnifiicent 7 in the S&P 500 hevaily influcnes the index performance. The S&P 500 is set to notch a new record next year, as the Federal Reserve is likely done hiking interest rates,
which is a bullish factor for stocks.
. Though financial conditions have tightened significantly over the past year, consumer spending has remained robust, and he said 88% of consumer discretionary stocks in the S&P 500 are “poised to perform quite well.”
