NYTIMES (Aruni Soni) - Why Stocks Are Defying Gravity and What Could Bring Them Down
Investors are focused on strong corporate earnings and A.I., while looking past the war in Iran. But rising interest rates are an increasing risk to the rally.
Investors are focused on strong corporate earnings and A.I., while looking past the war in Iran. But rising interest rates are an increasing risk to the rally.
Edward Yardeni, an upbeat strategist with an excellent track record in assessing the stock market, explains why he thinks the good times will continue for years.
The S&P 500 is in position for a rare fourth year of consecutive annual gains. Risks are rising, our columnist says, yet Wall Street is doubling down.
The S&P 500 rose almost 15 percent for the three months through June, and many stock analysts remain optimistic that corporate earnings driven by artificial intelligence will keep growing.
Richard McPhail, Home Depot CFO, said that homeowners are, up to a point, insulted from the impacts of the current economy.
Home Depot’s results beat Wall Street’s expectations in the fiscal first quarter on a strong showing from professional customers while homeowners started stocking up on some of their spring supplies
Despite accelerating inflation and possible interest rate increases, the S&P 500 has posted a long weekly winning streak, driven by strong corporate earnings. Can it last?
The automaker reported a net loss of $2.7 billion for the fiscal year ended March 31.
The S&P 500’s rise on Friday caps a striking three-week streak, powered by investors’ optimism about the reopening of the Strait of Hormuz and strong corporate earnings.
Major indexes have mostly been treading water for months, as investors’ exuberance for artificial intelligence wears off.