Business
Stock Market Today: Live Updates
Traders work on the floor of the New York Stock Exchange.
Brendan McDermid | Reuters
Stock futures rose in overnight trading Sunday as Wall Street looks ahead to the second half of 2024.
Futures contracts linked to the Dow Jones Industrial Average added 55 points, or 0.1%, while S&P 500 Futures Contracts gained 0.2%. Nasdaq-100 Futures contracts also edged up 0.2%.
Wall Street is coming off a losing session for the major averages, with a strong end to the first half. Continued excitement around artificial intelligence and stocks such as Nvidia has driven the S&P500 to a gain of 14.5%, while the Nasdaq Composite increased by 18.1%. THE Dow Jones Industrial Average underperformed due to a decline in the second quarter, adding 3.8%.
During the quarter, the S&P and Nasdaq gained 3.9% and 8.3%, respectively, while the Dow Jones lost 1.7%. The Nasdaq recorded its third consecutive positive quarter for the first time in a five-quarter streak that ended in 2021.
Some expect this tech momentum to persist at least through the summer, despite some concerns that multiples have reached high levels.
“We don't see a lot of evidence of a technology slowdown,” King Lip, chief strategist at BakerAvenue Wealth Management, told CNBC's “Closing Bell” on Friday. “On the contrary, one could say that it is accelerating.”
He expects the sector to face some resistance during a period of seasonal weakness and profit-taking in September and October, as well as around elections, but sees valuations as justified.
“The reality is that these companies have been so well managed through good times and bad that in times like this, when the economy is growing, they are able to grow their profits quite significantly,” he said. “These companies have delivered on their promises.”
Monday marks the start of a holiday-shortened trading week, with the market closed Thursday for the Fourth of July. Investors will get an important clue about the state of the labor market Friday with the June jobs report.
Earlier, S&P PMI and ISM manufacturing data for June are due out on Monday, along with construction spending for May.
|
Sources 2/ https://www.cnbc.com/2024/06/30/stock-market-today-live-updates.html The mention sources can contact us to remove/changing this article |
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
to request, modification Contact us at Here or [email protected]
 |
 |
 |
