Investors need to dial back risk-taking as stock valuations are being driven by euphoria, not fundamentals, research firm says
The market's stretched valuations threaten long-term returns, with several indicators nearing levels last seen right before the steep pullback in 2022, Rosenberg Research said.
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Walgreens and Intel lead list of stocks in the S&P 500 that fell hardest in 2024
At the end of a second consecutive year during which the S 500 has risen more than 20%, two things investors need to remember are that time tends to smooth out performance and that the index is weighted by market capitalization. This means large companies can support the S 500’s gain even as dozens of stocks in the index get pummeled.
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Plume Network's RWA Momentum Continues as Nest Campaign Pushes Pre-Deposits to $64M
New York City, United States, December 31st, 2024, Chainwire Ahead of its anticipated mainnet launch, Plume Network today announced its pre-deposit vaults have reached $64.4M in...
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New BTC Prediction by Peter Brandt May Shock Bulls With Bearish Reality, XRP Volume Skyrockets 87%, 40 Trillion SHIB Support Ready: Crypto News Digest by U.Today
U.Today - U.Today has summarized the top three important news stories over the past day, check them out! New Bitcoin prediction by Peter Brandt may shock bulls with bearish...
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Galaxy Reveals 2025 Price Targets for Bitcoin, Ethereum, Dogecoin: Details
U.Today - 2024 was a monumental year for Bitcoin and digital assets. New price highs, record inflows, policy shifts and increased institutional adoption marked 2024. As the crypto...
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Stock market today: Indexes edge up as traders get ready to wrap up a blockbuster year of gains
Indexes rose moderately to kick off the final session of 2024, with traders getting ready to close out a year of stellar gains.
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US Stocks Fall to Close Out Best Two-Year Stretch Since 1998
(Bloomberg) -- US stocks declined in the final session of the year but still closed out the best two-year run since 1998.Most Read from BloombergDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesMake a Transit-Oriented New Year’s ResolutionThe S&P 500 Index fell 0.4% in its fourth down day, the longest losing streak to end a year since 1966. The Nasdaq 100 declined 0.9% and the Dow Jones Industrial Average fell 0.1%. The Russell 2000 Inde
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Floki Partners with Kings World Cup Nations to Reach 600+ Million Video Views
Miami, Florida, December 31st, 2024, Chainwire Floki has partnered with the Kings World Cup Nations, a football tournament set to merge traditional football with Esports. This...
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Wall Street ends lower, capping a banner year
NEW YORK (Reuters) -Wall Street lost ground on Tuesday as investors closed the book on a remarkable year for equities, during which the U.S. stock market was powered to record highs by the twin engines of the artificial-intelligence boom and the U.S. Federal Reserve's first interest rate cuts in three-and-a-half years. 2024 included intensifying geopolitical strife, a U.S. presidential election and shifting speculation regarding the path of Fed policy in the coming year. "There’s no Santa Claus rally this week, but investors received the gift of gains in 2024," said Greg Bassuk, chief executive officer at AXS Investments in New York.
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Here's where Wall Street sees stocks heading after the best 2-year stretch since '97-'98
Wall Street strategists see further gains for the S&P 500 in 2025 as a broadening of earnings growth and a resilient US economy continue to drive the bull market rally.
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Stock market today: Stocks slide as Wall Street's year of 20% gains ends on a quiet note
US stocks slipped Tuesday, continuing an uncharacteristic limp to the finish after a roaring year of trading.
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US stock markets to remain closed in honor of Jimmy Carter on National Day of Mourning
U.S. stock markets will remain closed on Jan. 9 in honor of former President Jimmy Carter, continuing a long-held Wall Street tradition in mourning the nation’s leaders. Both the New York Stock Exchange and Nasdaq announced this week that they plan to close their equity and options markets next Thursday in observance of a National Day of Mourning for the 39th U.S. president and global humanitarian. Carter died on Sunday at his home in Plains, Georgia.
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Covid RNA Analyzed With Tee on OVM: Open (Incl. RSS3) Supercharges DeSci
San Francisco, California, December 31st, 2024, Chainwire Open (also known as webisOpen on X, collective includes RSS3) is transforming virological research and decentralized...
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SUI DeSci Agents Launches a Platform to Democratize Longevity Amid DeSci Boom
Dubai, United Arab Emirates, December 31st, 2024, Chainwire Decentralized Science (DeSci) aims to tackle systemic inefficiencies in traditional scientific research, such as...
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Boeing on track to be 2024's biggest loser in Dow Jones Index
Boeing's shares opened the year at $257.50. Regardless, Boeing has struggled to produce close to its maximum-allowed 737 planes per month due to supply-chain problems, quality issues and a seven-week-long strike that temporarily shut down most of its commercial aircraft production, including the 737 program. Boeing also continued to post massive losses from its commercial, military and space programs throughout the year.
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