Wall Street hangs near its record
Digest more
Gross co-founded Pacific Investment Management Co., or PIMCO, a top asset manager with $2 trillion under management. As the portfolio manager for PIMCO’s $270 billion Total Return Fund, his market calls earned him the nickname “Bond King” before he joined Janus Henderson Investors, where he worked from 2014 to 2019.
With Wall Street's surge to record highs, the U.S. stock market looks nearly as expensive as ever, and investors are debating whether the lofty valuations are a bearish signal or justified by the technology-heavy market's profit outlook.
US Stock market today ended higher as the Dow Jones, S&P 500, and Nasdaq all posted modest gains amid upbeat earnings reports and a surprise jump in retail sales. Investors are cautiously optimistic despite political tension as President Trump continues pressuring Fed Chair Jerome Powell over interest rate cuts.
Tuesday marks a critical day for earnings, with JPMorgan Chase, Wells Fargo, Citigroup, State Street, and BlackRock all set to report before the opening bell. Wall Street is hoping a strong showing from financials can sustain the market’s momentum.
Wall Street's main indexes inched up on Thursday, supported by upbeat results from PepsiCo and strong economic data that pointed to a healthy consumer.
This metric has a 100% success rate of forecasting future stock market returns when back-tested over more than 150 years.
Wall Street’s split widened, as smaller stocks and other formerly unloved areas of the market rose while Big Tech stocks gave back more of their huge gains. Wall Street's smallest stocks roar ...