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S&P 500 (^GSPC)
| Previous close | 5,180.74 |
| Open | 5,187.20 |
| Volume |
| Day's range | 5,178.96 - 5,200.23 |
| 52-week range | 4,098.92 - 5,264.85 |
| Avg. volume | 4,015,198,852 |
- Yahoo Finance Video
S&P 500, Dow extend early May win streak
The Nasdaq Composite (^IXIC) snaps its early May win streak after closing Wednesday's trading session lower. The Dow Jones Industrial Average (^DJI) and S&P 500 (^GSPC) edged higher, holding onto gains from this morning. Market Domination Overtime's Jared Blikre gives a details break down of the day's sector losers and meme stock winners. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Why this strategist says a soft landing is still possible
As inflation persists and earnings results drive market gains, investors are clueless as to how this may all pan out for the US economy in a hard landing, soft landing, or no landing at all scenarios. F.L.Putnam Investment Management Co. Chief Market Strategist and Portfolio Manager Ellen Hazen joins Yahoo Finance to discuss her views on the market's trajectory amid all this economic buzz. Hazen acknowledges that the economy is showing signs of a slowdown, "but not so quickly that we're in for a hard landing." She remains firmly in the soft landing camp, citing economic metrics that align with this outlook. However, she cautions that inflation is likely to remain stubbornly high in this "higher for longer" interest rate environment. When asked about equity markets (^DJI, ^IXIC, ^GSPC), Hazen expresses concerns about the valuations of large-cap stocks, describing them as "expensive." With returns already at elevated levels, she says "it'd be too optimistic to expect higher equity returns" for the rest of 2024. As the earnings season continues to unfold, Hazen notes that despite positive results, the high expectations for corporate earnings leave "just not a lot of upside for the markets from here." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
- Yahoo Finance Video
S&P 500 rallies amid quiet week for econ data: Market takeaways
Stocks (^GSPC, ^DJI, ^IXIC) closed Monday's trading session on a positive note, with the S&P 500 (^GSPC) experiencing its strongest three-day rally so far in 2024. Yahoo Finance's Josh Schafer breaks down the top takeaways from the trading day. He highlights how relatively quiet weeks for economic data releases help bolster market sentiment. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
