Earnings reports have been ‘pretty good,’ said Rick Meckler, partner at Cherry Lane Investments, but warns that ‘anyone that’s missed in any way is paying a pretty heavy price’
Lofty US Stocks Leave Investors Punishing Earnings Disappointments usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Richly valued U.S. stocks are leaving investors with little tolerance for disappointment, raising the stakes ahead of a week in which two more technology and growth giants are set to report. Strong reports from Microsoft and Google parent Alphabet on Thursday helped propel the S&P 500 to its biggest weekly gain since early November following its first 5% pullback of the year. The S&P 500 is up about 7% in 2024 and some 24% since late October.
Analysis-Rising Treasury Yields Pose a Test for Richly Valued US Stocks usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Rising Treasury yields could provide the latest test for a rally that has made U.S. stocks increasingly expensive while taking them to fresh record highs.. -April 03, 2024 at 01:03 am EDT
- MarketScreener