Previous close | 0.7400 |
Open | 0.7400 |
Bid | 0.5700 |
Ask | 0.7800 |
Strike | 589.78 |
Expiry date | 2025-01-17 |
Day's range | 0.7400 - 0.7400 |
Contract range | N/A |
Volume | |
Open interest | 269 |
The recent meme stock moment might be thought of as an indication that exuberance has once again gone too far. But this time, a closer look at seven key meme stocks shows that it might be a perfectly good sign for the market.
Stock buybacks are soaring in another sign that companies are feeling better about the macroeconomic outlook.
Earnings for the S&P 500 are growing at their fastest rate since 2022 and analysts see that trend continuing into next quarter, setting up a positive backdrop for stocks.