S&P EQUAL WEIGHT INDEX (^SPXEW)
| Previous Close | 6,720.78 |
| Open | 6,720.78 |
| Volume |
| Day's Range | 6,720.78 - 6,748.30 |
| 52 Week Range | 5,413.98 - 6,888.48 |
| Avg. Volume | 0 |
- Yahoo Finance Video
Dow holds onto seven day win streak as markets close higher
The Dow Jones Industrial Average (^DJI) is holding its head high as it closes its seventh straight session of gains, with the Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) following the former's example after starting the day off in the red. Market Domination Overtime's Julie Hyman reviews the intraday market performance while Senior Markets Reporter Jared Blikre parses through leaders and laggards across sectors. 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
Investor playbook: The biggest earnings surprises so far
Wall Street gears up for a number of big tech earnings this week as many of the tech giants hold much of the value of the S&P 500 (^GSPC). As earnings from the Magnificent Seven roll out, investors may be looking for opportunities to enter the market. Simplify Asset Management Chief Strategist Michael Green and Wealth Enhancement Group Senior Vice President and Financial Advisor Nicole Webb join Market Domination to discuss investment opportunities during this big week of tech earnings and beyond. Webb gives her overview of earnings so far: "To us, it's just all of this playing out of where does the earnings growth for the rest of the year come from, and we had anticipated a deceleration from those mega tech names in the back half of this year. And so kind of below the surface we see this churning, the broadening that everyone is talking about and some of that relative outperformance from places like the equal weight S&P (^SPXEW)." Green follows up with: "I think the biggest surprises that have come out of earnings in general have been things like General Motors' (GM) announcement today that was accompanied by an astonishing buyback where they shrank the quantity of shares by around 17%. This is in contrast, that level of buyback is unprecedented for many of these companies for that to be happening in open markets. And it's just highlighting that the exceptionally cheap areas of the market as long as there's a little bit of support that's coming in through the interest rate space, that really looks like that could be an area of focus." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
- Yahoo Finance Video
3 biggest market trends occurring amid Fed rate cut optimism
Treasury yields (^TYX, ^TNX, ^FVX) cruise higher following this week's hotter-than-anticipated inflation prints. Markets and investors alike are holding out on hope that the Federal Reserve will initiate interest rate cuts as early as June. Yahoo Finance's Seana Smith reviews several of the biggest factors pressuring markets, from rate cut expectations to lagging Magnificent Seven members and spiking crude oil prices. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
