The world’s most widely followed stock-market benchmark slid into a correction on Thursday, a drop that underscores how the two-year-long bull market is running out of steam in the early days of the Trump administration. The move stems from investors’ growing pessimism about the whipsawing policy pronouncements from Washington over the past few weeks. On-again,
This Financial Stock Just Gave Investors A Dividend Boost. Is It Time To Dive In? Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The stock market is still reeling from last week’s rout, with the benchmark S&P 500 index down over 2.5% over the past month.
While the media and sell-side analysts are preoccupied with Nvidia , Microsoft and Apple jockeying for the top market cap, the smart money’s been selling tech and internet stocks. That’s what Goldman Sachs reports, in the latest readout from the prime services unit that caters to the broker’s hedge fund clients. The June report from
With the Nasdaq Composite Index in record territory, you might be thinking that most stocks are also near their all-time highs. But this just isn’t the case. Take Shopify (NYSE: SHOP). As of May 15, the leading e-commerce platform’s shares are currently 65% below their peak, which was established in November 2021. It doesn’t help