‘Sigh of relief’ for Morneau as Canada keeps AAA S&P rating – BNN Bloomberg
— Read on www.bnnbloomberg.ca/sigh-of-relief-for-morneau-as-canada-keeps-aaa-s-p-rating-1.1469413
Tag: S and P
S&P falls for seventh day, suffers biggest weekly plunge since 2008 crisis – Reuters
The S&P 500 fell for the seventh straight day on Friday and the benchmark index suffered its biggest weekly drop since the 2008 global financial crisis on growing fears the fast-spreading coronavirus could push the economy into recession, although stocks regained some ground right at the end of a volatile session.
— Read on www.reuters.com/article/us-usa-stocks/sp-falls-for-seventh-day-suffers-biggest-weekly-plunge-since-2008-crisis-idUSKCN20M34Y
The S&P 500 is now more overvalued than ever, per this measure – MarketWatch
A less looked at measure of stock market valuation shows why the S&P 500 is pricier today than during the dot-com bubble.
— Read on www.marketwatch.com/story/the-sp-500-is-now-more-overvalued-than-ever-per-this-measure-2020-01-08
Market has more room to run if S&P 500 ends year up 25%, history shows
When the S&P 500 finishes a year 25% higher, the market usually has more room to run the following year.
— Read on www.cnbc.com/2019/11/18/market-has-more-room-to-run-if-sp-500-ends-2019-up-25percent-history-shows.html
S&P 500 posts biggest daily gain in two months as rebound continues – Reuters
The S&P 500 registered its largest one-day percentage gain in about two months on Thursday, with technology shares providing the biggest boost as equities continued to rebound along with bond yields.
— Read on www.reuters.com/article/us-usa-stocks/sp-500-posts-biggest-daily-gain-in-two-months-as-rebound-continues-idUSKCN1UY1EV
Stocks close higher, S&P 500 hits 3,000 for the first time as Fed chief signals rate cut ahead
Stocks jumped to record highs after testimony from Fed Chair Jerome Powell bolstered the case for easier monetary policy in the U.S.
— Read on www.cnbc.com/2019/07/10/stock-market-fed-chair-powells-testimony-in-focus-on-wall-street.html
These stocks have led the S&P 500’s five-year run to 3,000 from 2,000
The S&P 500 jumped above 3,000 for the first time, nearly five years after the index hit 2,000. These are the stocks that powered the historic rally.
— Read on www.cnbc.com/2019/07/10/these-are-the-stocks-that-have-led-the-sp-500s-five-year-run-to-3000-from-2000.html
S&P 500 breaks through 3,000 following Powell comments – Reuters
The benchmark S&P 500 briefly crossed the 3,000-point mark for the first time on Wednesday after dovish remarks from Federal Reserve Chairman Jerome Powell boosted the case for an interest rate cut later this month.
— Read on www.reuters.com/article/us-usa-stocks/sp-500-breaks-through-3000-following-powell-comments-idUSKCN1U51CX
If the S&P 500 hits this level, it could signal a market top
Stocks’ record run has hit a wall over the Independence Day holiday stretch. This is how much higher the S&P 500 can go, says Mark Newton of Newton Advisors.
— Read on www.cnbc.com/2019/07/08/if-the-sp-500-hits-this-level-it-could-signal-a-market-top.html
Markets Right Now: S&P 500 hits record on trade optimism
NEW YORK — The latest on developments in financial markets (all times local):
— Read on ca.finance.yahoo.com/news/markets-now-p-500-hits-202219197.html