The S&P 500's failure to eclipse 2,940 in the last month should be over soon, technical analyst Mark Newton says
"Until we see some evidence of technology breaking, this is still going to serve as a tailwind for stocks," Mark Newton of Newton Advisors says.The S&P hasn't closed past 2,940 since early August.
An employee cleans a window at Apple Inc.'s new Canton Road store in the Tsim Sha Tsui district of Hong Kong, China.has closed within a 100-point range for about the last month, but the continued strength in technology stocks should finally drive it higher, Mark Newton of Newton Advisors predicted Wednesday on CNBC.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fiat pulls its 500 off the U.S. market as Americans snub the Italian minicarFiat Chrysler is halting production of its Fiat 500 and electric 500e hatchbacks in North America.
Leer más »
RS Charts: Taylor Swift Dethrones Young Thug on Artists 500RSCharts: Taylor Swift dethrones Young Thug on our Artists 500
Leer más »
Wall Street has no idea where stocks will end 2019 with forecasts ranging from down 5% to up 11%Stock forecasters are having a tougher time predicting where the S&P 500 will end up by year's end when compared to this time last year.
Leer más »
Wall Street has no idea how stocks will end 2019, with forecasts ranging from down 5% to up 11%Stock forecasters are having a tougher time predicting where the S&P 500 will end up by year's end when compared with predictions made the same time last year.
Leer más »
Since 1989, these are the defensive sectors that fare best in the tough month of SeptemberSince 1990, defensive sectors have been among the best performers within the S&P 500 in the September, which historically has been the worst month for the stock market.
Leer más »