Heating and air conditioning equipment maker Lennox International Inc. is replacing contract drug maker Catalent Inc. in the S&P 500.
Major U.S. equities indexes plunged as the Federal Reserve concluded its final policy meeting of the year. The central bank lowered benchmark interest rates by a quarter of a percentage point, as expected, but policymakers suggested that persistent inflation could require a more restrained approach in 2025.
Predicting the stock market in 2025 could be extra difficult after another year of double-digit gains for the S&P 500.
According to the report, 31% of builders cut home prices in December.
Composite PMI exceeded analyst expectations as the services sector expanded at the fastest pace since the reopening of the economy from Covid lockdowns.
The major indexes pulled back from their recent rallies this week.
If there is one voice on Wall Street that we always listen to at 24/7 Wall St, it is Stifel's Barry Bannister, and with good reason.
Paul Meeks, CIO of Harvest Portfolio Management, explains why he expects U.S. mega-cap tech companies to continue to outperform in 2025.
The S&P 500 has shown a loss of upside momentum with its last rally higher off the early November low. There is still no sign of a topping formation, though, which leads us to believe we could see a sideways range unfolding.
Some of the highest-rated stocks are plays on rapid sales growth, but there are also value-oriented names on the list.
The S&P 500 Index (SPX) has been calm lately, as measured by the 20-day historical volatility (HV).
Yardeni Research President Ed Yardeni has forecast that the S&P 500 (^GSPC) could reach 7,000 by the end of 2025. Yardeni Research chief markets strategist Eric Wallerstein joined Morning Brief to unpack the drivers behind this ambitious target.