S&P 500 rises on softer inflation but logs weekly loss. Traders eye potential Fed rate cuts in 2025 as markets weigh Friday's rally.
There might be a bullish story underway for materials stocks in 2025 — but watch out for this wild card.
Year-ahead inflation expectations increased from 2.6% in November to 2.8% in December.
Megacap stocks can “mask a lot of the internal weakness” in the S&P 500, says Todd Sohn, an ETF strategist at Strategas.
The long-awaited correction should reach the ideal target zone of $5735-5810. If the index holds above at least $5670, and especially $5400, we expect it to rally to $6280+ thereafter.
With 2025 just two weeks away, now is the time for self-reflection.
The S&P 500 is a broad index that tracks the share performance of 500 large and profitable American businesses. It is often used as a bellwether to gauge how the market is doing.
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.