|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||381.43 - 384.20|
|52-week range||279.85 - 395.21|
|Beta (5Y monthly)||1.12|
|PE ratio (TTM)||0.27|
|Earnings date||31 Jul 2023 - 04 Aug 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
The S&P 500 ended lower on Monday as investors weighed whether the U.S. Federal Reserve might pause its interest rate hikes at its upcoming policy meeting, while Apple briefly hit a record high before losing ground. Apple Inc ended 0.8% lower after the world's most valuable company unveiled an augmented-reality headset called the Vision Pro, its riskiest and biggest bet since the introduction of the iPhone. Earlier Apple rose as much as 2.2% to an all-time high.
The S&P Global Purchasing Managers' Index (PMI) for Russian services dropped to 54.3 in May from 55.9 a month earlier, but remained above the 50 mark that separates expansion from contraction for the fourth month running. "The solid upturn in output was driven by another increase in new business as firms noted new client wins and strength in foreign markets," S&P Global said in a statement. New export business expanded for just the second time in the last 15 months and was the fastest growth since June 2021.
Economic growth slowed dramatically in the first quarter as elevated inflation and high interest rates caused business investments to decline, and the situation continued to deteriorate in the second quarter.
Verisk (VRSK) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The increased demand for business information services and a solid acquisition strategy have been boding well for S&P Global (SPGI).
Wall Street stocks finished sharply lower on Tuesday and short-term Treasury yields shot up as investor jitters grew over a lack of progress in U.S. debt limit talks. Representatives of U.S. President Joe Biden and congressional Republicans ended another round of debt ceiling talks on Tuesday, as the deadline drew closer to raise the government's $31.4 trillion borrowing limit or risk default. Debt limit worries pushed yields on one-month Treasury bills to record highs at 5.888%.
Dividend stocks can be an excellent addition to any diversified portfolio. One stock with a long history of paying and raising its annual dividend payout is S&P Global (NYSE: SPGI). For 50 consecutive years, S&P Global has paid and increased its dividend.
Some argue that crypto assets could be in demand in a high-interest rates/high inflation environment because they could serve as a store of value, however crypto's track record is too short to prove this, S&P said.
Here is how SoFi Technologies, Inc. (SOFI) and S&P Global (SPGI) have performed compared to their sector so far this year.
The Nasdaq Composite is up about 14%, the S&P 500 is up nearly 6%, and the Dow Jones Industrial Average is flat year-to-date. The three worst-performing stocks in the S&P 500 performed so bad they are no longer in the S&P 500 and, in a few cases, not even viable investment options: SVB Financial, Signature Bank, and First Republic Bank.
If you're an active investor, you probably follow the three major indices that track the stock market. Then there's the S&P 500, a broader index of 500 companies, and finally there's the Nasdaq Composite, which tracks the stocks on the Nasdaq exchange and tends to be more oriented toward tech companies. S&P Global (NYSE: SPGI), long known for rating companies, also oversees the Dow Jones and S&P 500 indices.
U.S. stocks ended lower on Wednesday, reversing gains after comments by Federal Reserve Chair Jerome Powell left investors wondering what the U.S. central bank's next move would be with interest rate hikes. Indexes initially held onto gains following the Fed's statement. It increased interest rates by a quarter of a percentage point, as expected, and signaled it could pause further hikes.
U.S. stocks ended little changed on Monday as investors took in the weekend auction of First Republic Bank and braced for this week's expected interest rate hike from the Federal Reserve. JPMorgan will pay the U.S. Federal Deposit Insurance Corp $10.6 billion to take control of most of the regional bank's assets. "Hopefully this is sort of the last of the banking crisis, but something else might surface at some point," said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York.
Franklin International Core Dividend Tilt, First Trust Dow Jones Global Select Dividend Index, SPDR S&P Global Dividend, SPDR Portfolio S&P 500 High Dividend and Invesco S&P 500 High Dividend have been highlighted in this Screen of The Week article.
S&P Global (SPGI) first-quarter 2023 revenues improve 32.3% year over year on the back of the inclusion of IHS Markit businesses.
While the top- and bottom-line numbers for S&P Global (SPGI) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
S&P Global (SPGI) delivered earnings and revenue surprises of 7.88% and 3.55%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
These high-dividend ETFs beat the S&P 500 in the past month, yield better than the benchmark treasury yield and have a lower P/E than the S&P 500.
S&P Global (SPGI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Major U.S. stock indexes ended with fractional gains on Friday following mixed earnings results as investors assessed how conflicting economic data might influence interest rates and looked ahead to a massive week of corporate reports. A survey showed U.S. business activity accelerated to an 11-month high in April, further clouding the outlook for the Federal Reserve's monetary policy after data earlier in the week indicated a weakening economy.
S&P Global (SPGI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Warren Buffett believes this strategy can help the average investor outperform professional money managers.
American Airlines and Hertz Global are part of the Zacks Bull and Bear of the Day article.