^GSPC : Summary for S&P 500 - Yahoo Finance
S&P 500 (^GSPC)
SNP - SNP Delayed Price. Currency in USD
|Day's Range||2,355.09 - 2,368.26|
|52 Week Range||1,925.41 - 2,368.26|
- Editor's PickYahoo Finance•1 hour ago
“The question is only one of timing and magnitude,” writes David Rosenberg, strategist at Gluskin Sheff. Only once in the last 89 years has the S&P 500 not dropped at least 4.4% from an interim peak, and in 2016 there were four of these occurrences. In 2016, the S&P 500 rose 9.5%.
- Editor's PickYahoo Finance•4 hours ago
In case there was any doubt, the Trump administration sees the stock market as a good barometer of how the economy is doing. In an interview with CNBC on Thursday morning, Treasury Secretary Steven Mnuchin said “absolutely” in response to a question about whether the stock market is a “report card” for how the economy is doing right now. “Obviously, the stock market has rallied significantly since President Trump took office… do you view that as a report?” asked CNBC’s Becky Quick.
- Editor's PickYahoo Finance•yesterday
The stock market (^GSPC) continues to rally to new all-time highs, despite stretched valuations and the uncertain outlook for earnings. In a recent research note, Gluskin Sheff’s David Rosenberg identified 10 reasons to be cautious on the markets. The S&P 500 has now gapped up nearly 8% above its 200 day moving average, another sign of an overextended stock market.