The forward 4-quarter estimate this week jumped to $294.87 from last week's $294.81 and August 1st's $281.15. The S&P 500 has seen positive revisions in the 2027 EPS estimate since August 1, '25. If the S&P 500 benchmark just meets that EPS growth target in '26 and returns 14%, it will be the fourth year in a row of mid-teens or better returns for the benchmark, with '23 and '24 returns being 25% each.
The S&P 500 finished the month of October on a positive note, ultimately finishing up 2.3% from September. The index posted a weekly gain of 0.7%, its fourth in the past five weeks.
Advanced Micro Devices and Micron came out on top, while Fiserv underperformed by a wide margin.
The S&P 500 holds near 6,900 despite Fed caution and mixed corporate earnings. Fed Chair Powell warns a December rate cut is “not a foregone conclusion.
“I have a considerable amount of unrealized capital gains.”
The Federal Reserve is expected to cut interest rates again
The S&P 500 briefly crossed above 6,800 for the first time in history on Friday, ultimately finishing the day at a new record high. The index posted a weekly gain of 1.9%, its third in the past four weeks.
The S&P 500 briefly crossed above 6,800 for the first time in history on Friday, ultimately finishing the day at a new record high. The index posted a weekly gain of 1.9%, its third in the past four weeks.
Inflation data Friday helped stocks end the week on a high note; Ford shares jump 12%.
Stock market tailwinds could deliver a historic finish to a unpredictable year.
It's been a while since the stock market experienced a significant pullback.
Valuations are high, bear-market signposts are piling up, and companies are now contending with both tariff uncertainty and a data blackout.