S&P 500 (^GSPC)
| Previous Close | 5,011.12 |
| Open | 5,005.44 |
| Volume |
| Day's Range | 4,953.56 - 5,019.02 |
| 52 Week Range | 4,048.28 - 5,264.85 |
| Avg. Volume | 4,062,678,064 |
- Yahoo Finance Video
S&P 500 extends losing streak to sixth day, Dow up 210 points
The Dow Jones Industrial Average (^DJI) is the lone leader among market indexes, closing the trading week higher by a mere 0.01% and rising by 210 points in Friday's session. The S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) extend their losing streaks to their sixth consecutive days. Market Domination Overtime Anchor Julie Hyman looks back on today's market activity while keeping a close eye on a handful of top trending stocks. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
The macro headwinds that geopolitical risks may stir up
As tensions in the Middle East escalate, investors are reevaluating their portfolio allocations to offset any geopolitical risks. Brandywine Global Portfolio Manager John McClain joins the discussion to provide insights on navigating this environment while crude oil prices (CL=F, BZ=F) are also slowly ticking up Friday. McClain highlights three key factors that investors should consider from a "macro perspective." Firstly, he sees "a lot of upside potential" for oil prices, driven by a supply-demand dynamic. Secondly, McClain emphasizes the importance of interest rates, calling the US Treasury market "a safe haven," although he cautioned that investors "have to be careful" with their positioning along the yield curve. Lastly, he highlights the "US exceptionalism" in the foreign exchange (FX) market with the US dollar benefiting from being "the only place to go for AI." When it comes to portfolio construction, McClain advises investors to focus on "what industries are driving" the particular region they are invested in. He underscores the crucial role played by central banks and their monetary policies, which can significantly impact portfolio performance. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
- Yahoo Finance Video
How best to safeguard your portfolio amid geopolitical risks
Israel has launched a retaliatory attack on Iran, but markets have shown a relatively muted reaction to the news. Carson Group Global Macro Strategist Sonu Varghese joins the Morning Brief to provide insights on how to navigate one's portfolio amid heightened geopolitical tensions. Varghese notes that the strike Israel launched was "smaller than expected," and although it initially weighed slightly on markets when first announced, stock futures are now trading flat on the news. However, Varghese emphasizes that these geopolitical tensions underscore the importance of maintaining "value in protection" when building investment portfolios. Varghese suggests that the key question to ask is: "Does this shift the macroeconomic regime that we are already in?" He explains that if the macroeconomic backdrop is already weak, "these sorts of geopolitical tensions add to that." Conversely, if the macroeconomic environment is strong, he does not believe that "geopolitical tensions will significantly exacerbate that." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
