Schaeffer's Midday Market Check
| Stocks are experiencing an upward trend this afternoon, with the Dow Jones Industrial Average leading the charge. Investors are showing increased confidence in the market. (DJI) up 228 points and eyeing its sixth-straight win -- its best streak since July 2024. The Nasdaq Composite (IXIC) and S&P 500 Index (SPX) are also higher, the latter pacing for a sixth consecutive gain -- the longest since November 2024. Investors are brushing off consumer confidence data, which took a turn for the worse in April. The Conference Board's index dropped to 86 -- its lowest level in nearly five years -- as tariff concerns and weakening job market sentiment weighed. Expectations for the next six months fell sharply to the lowest level since 2011, a reading the board said is consistent with a recession. Continue reading for more on today's market, including: Spotify stock moved lower after a mixed first quarter. What Wall Street's "spurtability" means for investors. Plus, UPS options pop after earnings beat; SHW rallies on strong results; and EAT sinks despite topping expectations. | Read More... |
| |  | Introducing Schaeffer's Trade of the Week! | Every Monday morning before the opening bell, you'll receive a single, expertly researched trade recommendation — built from the same proprietary research we've been using for over for decades. Click Here! |
| |
|
| |
|
| | | | Update your email preferences or unsubscribe here © 2025 Schaeffer's Investment Research 5151 Pfeiffer Road, Suite 450
Cincinnati, Ohio 45242, United States of America | | Terms of Service |
|
|
|
|
|
Tidak ada komentar:
Posting Komentar