The Daily

A dark thought is starting to circulate around Wall Street. What if, after years of stellar gains, the US stock market is basically flat for the next decade?

That feels like an unbelievable idea given the current bull run for the stock market, which is just the latest in a larger secular rally that’s been going on for almost 15 years.

 » Read more about: Wall Street is starting to worry about a 'lost decade' for US stocks  »

Cathie Wood is a long-time Tesla (Nasdaq:TSLA) bull and a supporter of Elon Musk. She has fiercely defended Musk’s $1 trillion (£747.2 billion) pay package, and even said he is the ‘Thomas Edison of our age.’

She has even forecast that Tesla stock will reach $2,600 (£1,942) per share in five years,

 » Read more about: Cathie Wood Sells Tesla Shares After Stock Downgrade Following Michael Burry's Valuation Concerns  »

The Principal Financial Group (The Principal®) is a global investment management leader offering retirement services, insurance solutions and asset management. The Principal offers businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and insurance through its diverse family of financial services companies. Founded in 1879 and a member of the FORTUNE 500®,

 » Read more about: Investing In The AI Era: Growth, Gains, And Risks  »

 » Read more about: Vision Investing With Cirrus Logic  »

These funds are relatively stable, diverse, and yield more than the average stock on the S&P 500.

 » Read more about: 3 High-Yielding ETFs That Retirees Will Love  »

 » Read more about: You Have Less Than a Month to Prepare for 4 Big Social Security Changes  »

ICICI Prudential Asset Management Company, India’s largest active fund manager, believes the mutual fund industry is still at the early stages of a long expansion cycle.

With rising financialisation, growing retail participation, and a deep pipeline of alternate assets, the company expects steady compounding over the next decade.

Nimesh Shah,

 » Read more about: ICICI Pru AMC sees ‘infinite market’ for mutual funds, ramps up alternates business  »

1. Which type of mutual fund is best for beginners?

Due to their lower volatility and consistent returns, large-cap or index funds are generally suggested for beginners.

2. Is SIP better than a lump-sum investment?

SIPs help most investors avoid market-timing risk and promote regular investing.

 » Read more about: Top Mutual Funds to Consider for 2026 Investments  »

A required part of this site couldn’t load. This may be due to a browser
extension, network issues, or browser settings. Please check your
connection,

 » Read more about: Federal Reserve live: US central bank cuts rates to lowest level in three years in divisive decision  »

By STAN CHOE, AP Business Writer

NEW YORK (AP) — U.S. stocks pulled away from their record heights on Monday.

The S&P 500 slipped 0.3% for just its second loss in the last 11 days, but it remains within 0.6% of its all-time high set in October.

 » Read more about: Wall Street pulls back from its record heights  »