News about Stock market

JPM DESK: “.. While we had thought the market was setting up for a pullback based upon the price action during earnings season, narrowing breadth, reduced HF positioning, and the potential for markets to take some profits given the almost 32% gain in the $SPX since this bull run… pic.twitter.com/NNa0WmzpgL

Most sectors did well today but Utilities and REITs were notable laggards with declines of 1.1% and 0.7%, respectively; Tech continues to widen its YTD lead … small caps had relatively strong day but Russell 2000 is still down marginally YTD, falling way behind S&P 500 pic.twitter.com/nB9Z4sDj7m

Spread between S&P 500's forward earnings yield and 10y Treasury yield continues to hover near two-decade low pic.twitter.com/7dZTV1lc86

The S&P 500 is up 14.7% in the first 116 trading days of 2024, the best start to a presidential election year in history. $SPX Video: www.youtube.com/watch?v=e80ithLVy98&t=2277s pic.twitter.com/T6PJEeb9tV