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.
With the S&P 500 crossing multiple thresholds this year, many analysts expect further gains in 2025.
“Last week's breakout will be more convincing going forward if the daily lows are above previous highs from early last week.
Oppenheimer Asset Management's chief investment strategist, John Stoltzfus, predicts the S&P 500 will reach 7,100 in 2025, thanks in part to a resilient economy.