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That gain, however, has been largely powered by megacap tech stocks, according to data from Wisdom Tree. The so-called Magnificent Seven have surged 27%, compared with an 11% gain for the remaining stocks in the benchmark over the same period.
US stocks closed mixed Tuesday, but the benchmark S&P 500 (^GSPC) was able to eke out a new record as Wall Street digested a new batch of earnings, including a tariff warning from General Motors (GM),
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Stock market’s rally now hinges on earnings — with tariffs and Fed drama hopefully background noise
There’s a feeling of optimism in the U.S. stock market about the week ahead, with corporate earnings finally poised to hold the spotlight.
Markets have already priced in the best-case scenario. Investors are in store for a pullback, Evercore's Julian Emanuel said.
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Barchart on MSNIs Bank of America Stock a Buy, Sell, or Hold After Q2 Earnings?
One of the world’s largest financial institutions, Bank of America (BAC) stepped into the spotlight with second-quarter earnings that beat on profit but missed on revenue, evidently one among many major U.
Trump’s tariffs and the fate of Federal Reserve Chair Jerome Powell continue to affect markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
Earnings season in the U.S. stock market generally starts 1 to 2 weeks after the end of the previous fiscal quarter and lasts for approximately 4 to 6 weeks.
By Christine Idzelis . The U.S. stock market's upcoming earnings season should be "solid," but expecting growth estimates over the next couple months to increase for the second half of 2024 seems ...
Trump’s tariffs and the fate of Federal Reserve Chair Jerome Powell continue to affect markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.