The markets pro sees the S&P 500 posting further gains in July, with the potential to notch an all-time high later this year.
The past decade has brought particularly strong months of July for the S & P 500 , according to Carson Group. And the firm's chief market strategist expects a similarly good performance this year. In the past 10 years, the S & P 500 gained 3.3% in an average July, making it the best month on average for returns over the same time period, Carson data shows . By comparison, when looking all the way back to 1950, July is the fourth best month with an average return of just 1.
SPX 3M mountain The S & P 500 Detrick expects this year's performance for the trading month, which kicks off at Monday's open, to look more like a continuation of the past decade's trend than the longer-term historical average. Partly that's because there's already a summer rally taking place, which Detrick said has been driven by investor expectations for an improvement in the broad economy.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Hurricane Season In July: What To Expect | Weather.comJuly is still early in the hurricane season but there are some changes we typically look for in the Atlantic Basin. - Articles from The Weather Channel | weather.com
Leer más »
S&P 500 and Nasdaq climb, shrugging off geopolitical uncertainties By Reuters⚠️BREAKING: *U.S STOCKS EDGE HIGHER TO START FINAL WEEK OF FIRST-HALF TRADING AS TECH SHARES RISE $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
Leer más »
Homebuilder ETF outperforms S&P 500, industry's stocks still ‘cheap’ in 2023 market rallyHomebuilder stocks are relatively “cheap” even after surging this year, and represent a pocket of the U.S. equities-market rally that extends beyond the Big...
Leer más »
S&P 500 scores best day in almost two weeks as tech shares march higherU.S. stocks jumped on Tuesday, as housing data pointed to continued resilience in the economy, despite the Federal Reserve’s sharply higher interest rates. The Dow Jones Industrial Average rose about 211 points, or 0.6%, ending near 33,926:
Leer más »
S&P 500 futures inch lower after Tuesday's tech-fueled rally: Live updatesInvestors are coming off a positive session for the major averages, with tech stocks driving the gains.
Leer más »
US home prices are dropping, S&P 500 will erase gains: RosenbergUS home prices are still dropping - and the S&P 500 will erase this year's gains, top economist David Rosenberg says
Leer más »