NASDAQ 100, Dow Jones and S&P 500 Forecast – US Indices Continue to Look for Higher Levels
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Read MoreStock market today: Wall Street finishes its best week since Trump’s election with a rally
NEW YORK — U.S. stock indexes closed their best week in two months with a flourish Friday.
The Standard & Poor’s 500 climbed 1% to clinch its first winning week in the last three. The Dow Jones industrial average rose 0.8%, and the Nasdaq composite rallied 1.5%.
Schlumberger helped lead the market after the provider of services to oil fields delivered bigger profit and revenue for the end of 2024 than analysts expected.
Read MoreIs the Stock Market Going to Soar Under President Donald Trump (as It Did During His First Term)? Here's What History Has to Say.
Stock market today: Asian shares track Wall St's strong finish ahead of Trump's inauguration
BANGKOK — Asian shares advanced early Monday after U.S. stock indexes rallied to close out their best week in two months, while U.S. futures and oil prices were little changed.
Hong Kong’s Hang Seng jumped 2.3% to 20,041.09 after China’s central bank kept its key lending rates unchanged and the Shanghai Composite index was up 0.5% at 3,257.24.
Read MoreJoe Biden pushes out 99% of ‘Investing in America’ funds before Donald Trump’s return
President Biden calls his economic and climate programs “the most significant investment in America since the New Deal.” Here’s the breakdown.
Read MoreThe Burst
Why MongoDB Could Be a Sleeper Stock Ready to Soar
MongoDB is one of those fascinating growth stories that goes back as far as we can see, and we went back a full 5 years.
Each and every quarter showed year-over-year revenue growth. Yet the share price sits at levels similar to those from 4 years ago.
So is MongoDB a buy or a sell?
» Read more about: Why MongoDB Could Be a Sleeper Stock Ready to Soar »
Read MoreThe Ivy
The ONLY Fund Buffett Recommends (hint, it’s not his own)
As probably the world’s best-regarded stock picker, Warren Buffett isn’t usually associated with ETFs. Nevertheless, the legendary value investor’s portfolio at Berkshire Hathaway contains two ETFs, both of which track the S&P 500 index.
These two funds, namely SPY and VOO, account for a little over $45 billion of Berkshire’s total holdings. Why does Buffett own the S&P 500,
» Read more about: The ONLY Fund Buffett Recommends (hint, it’s not his own) »
Read MoreThe Spotlight
Chipotle’s Sizzling Success Fueling Unstoppable Growth
Chipotle Mexican Grill continues to thrive in the fast-casual dining sector, surpassing expectations despite facing tough year-over-year revenue comparisons.
The burrito chain not only maintained its growth trajectory but accelerated it, translating to a 14.1% increase year over year to $2.7 billion in Q1 2024. The growth is particularly impressive given that it follows a 17.2% increase in the same quarter last year.
» Read more about: Chipotle’s Sizzling Success Fueling Unstoppable Growth »