It’s not unreasonable to be jittery about the stock market these days. The S&P 500 has posted double-digit gains in six out of the past seven full years — and it was recently up 15% year to date — so a pullback this year or next is very possible. Given that, how should you invest?
Chicago Federal Reserve president Austan Goolsbee said US consumer spending is being fueled by solid, broad-based strength across income levels, rather than being artificially propped up by a surging stock market.
“It’s very hard to have as strong consumer spending with numbers as we’ve been getting and not have it be broad-based,”
This article first appeared on GuruFocus.
Energy stocks have quietly produced one of the fastest sector rallies in more than three decades.
The energy sector reached a 50% year-to-date gain after just 196 trading days, making the move the fifth-fastest 50% rally by any S&P 500 sector since 1990,
» Read more about: Energy Stocks Just Hit a Milestone Seen Only Twice Before »
Chipmaker stocks sold off sharply Thursday, sending investors in search of safety elsewhere, as a growing list of worries including rising borrowing costs and competition from China caused traders to sour on some AI investments.
A closely watched index of semiconductor chip stocks sank 2.5%,
» Read more about: Global chipmaker sell-off deepens as enthusiasm for AI stocks wobbles »
Tech stocks could crash any day now — but they also might not be overpriced.
AI stocks are driving impressive earnings growth for the tech sector.
Tech valuations might not be “too high” because company earnings are growing even faster than share prices.
Millions of Americans will see changes to Social Security next year, and beyond higher monthly retirement benefits, more wages will be subject to Social Security taxes.
The Social Security Administration announced that benefits will rise 3.6 percent in 2027 under the annual cost-of-living adjustment, or COLA.
Meanwhile,
» Read more about: Two Key Social Security Changes Are Coming Next Year »
It pays to listen to anything Warren Buffett or Hock Tan, CEO of Broadcom (AVGO -1.89%), says about the state of the market, but when they say it together, you can be confident that there’s a lot of truth behind it.
Last May,
Tesla (TSLA -1.94%) will release its third-quarter results after the close on Wednesday, Oct. 21, with a live webcast to follow at 5:30 p.m. Eastern time. Some of the quarter is already known. The EV maker said it delivered 486,532 vehicles in the period,
» Read more about: The 1 Thing I'd Want Elon Musk to Answer on Tesla's Oct. 21 Call »