News about Stocks

Wall Street ends higher for third straight session fueled by rate cut optimism. 📈 #StockMarket #WallStreet #RateCut www.zeebiz.com/markets/global-markets/news-us-stock-market-wall-street-closes-higher-for-third-session-on-rate-cut-optimism-288441

Here are 3 reasons to expect this bull market to continue and the economy to surprise to the upside. 1️⃣S&P 500 forward 12-mo EPS started yr at $245, but is now up to $254. 2️⃣Profit margins continue to move higher, surprising all the calls for pressure here. 3️⃣ Record CAPEX pic.twitter.com/N1x4VtJGlP

They tell us that earnings estimates tend to drop, but that hasn't happened in '24 so far. S&P 500 earnings still expected to be up an impressive 10.8% in '24. We continue to think that is a tad light, as a stronger economy in H2 should see even better numbers. pic.twitter.com/9UPkzGRjZC

US Market News: Dow Jones up 176 points; Nasdaq, S&P 500 gain 1% each on rate cut optimism www.etnownews.com/markets/us-market-news-dow-jones-up-176-points-nasdaq-sp-500-gain-1-each-on-rate-cut-optimism-article-109900213