Santoli: The S&P 500 Is Within Striking Distance of Record as Bull Relies on Familiar Leadership
6 Articles
6 Articles
According to CNBC, the S&P 500 is just a few points from the record in rally pulled by actions linked to artificial intelligence
The S&P 500 is approaching a new record, but beneath the surface, a completely different market is visible: 59 percent of the index's stocks have fallen more than 20 percent from their peak levels and are therefore in a technical bear market. According to MarketWatch, nearly 300 of the index's 500 companies have plummeted, while the S&P 500 continued to climb and the Nasdaq reached record levels. In other words, the rise is being carried by a li…
The AI rally is starting again, but weaknesses are emerging under the surface – and several risks could slow down the record-breaking hunt. The post AI rally is lighting: S&P 500 and Nasdaq 100 ahead of new records appeared first on financemarktwelt.de.
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