Category: S&P 500 benchmark

US Equity Valuations At ‘Death Zone,’ S&P 500 Might Fall By 25 Percent: Morgan Stanley Strategist

February 21, 2023
Business & Marketseconomic outlookeconomic recessioneconomyEquity ValuationsinflationrecessionS&P 500 benchmarkUSUS News
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Michael Wilson, chief U.S. equity strategist at Morgan Stanley, is warning that stocks are currently on the expensive side, with the risk-to-reward for equities “very poor” as he expects the S&P 500 index to tumble by 25 percent from current levels. Wilson equated the current stock market valuations to a “death zone” in a note…

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US Stock Market Soars After Inflation Data Cooler Than Expected

December 13, 2022
Britain's FTSE 100Business & Marketsconsumer price index (CPI)DAXDow JoneseconomyinflationMarketsNASDAQS&P 500 benchmarkstocksSTOXX 50US
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The U.S. stock market jumped on Tuesday as the Consumer Price Index (CPI) data came in lower than expected, boosting investor expectations that inflation might ease down in the near future. The 12-month CPI for November came in at 7.1 percent, down from 7.7 percent in October. It was the fifth straight monthly decline after…

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How Stocks Tend to Perform If Midterm Elections Lead to Divided Government

November 8, 2022
2022 Midterm ElectionsBusiness & Marketsdivided governmenteconomyinflationMarketsPoliticsrepublican houseS&P 500 benchmarkStock ExchangesstocksU.S. interest rate hikesUS
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The U.S. midterm elections are not only an event that decides the fate of political power in Congress but also something that affects the stock markets. In a note to clients, Jim Reid, a markets strategist at Deutsche Bank, pointed out that midterm elections are one of the “best historical buy signals for equities,” according…

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Wall Street Futures Drop in Early Trading on June 22, Investors Fear Looming Recession

June 22, 2022
Business & MarketsDow Jones futureseconomyFederal Open Market Committee (FOMC)MarketsrecessionS&P 500 benchmarkU.S. interest rate hikesUSWall Street futuresWorld
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The Dow Jones Industrial Average and S&P 500 futures were in the red during early trading on June 22 ahead of Federal Reserve Chairman Jerome Powell’s congressional testimony. Dow Jones Industrial Average futures were trading at 30,167 as of 8:06 a.m. Eastern time on June 22, down over 300 points after opening at 30,495. Meanwhile,…

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Chances of US Recession at 85 Percent, S&P Has Fallen 20 Percent From High in 2022: JP Morgan

June 17, 2022
Business & Marketseconomic recessioneconomyinflationinterest rate hikeJP MorganS&P 500 benchmarkUS
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Analysts at JP Morgan have predicted an 85 percent chance that the United States will enter a period of recession based on the decline in the S&P 500. During the past 11 recessions, the S&P 500 declined by an average of 26 percent. In the current year, the index has fallen 20 percent from its…

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