The Dow is On Track to Post Its Best June Since 1938

Over the weekend, Donald Trump tweeted about news that the stock market has seen its best June in decades. “Thank you Mr. President!” ended the note. Indeed, the S&P 500 has so far seen a 7.3% month-over-month jump as of June 21, the highest percentage gain over that time period since 1955. The Dow Jones […]

S&P 500 Has Performed 35% Worse Under Trump Than Under Obama

So much for having the “best” stock market returns. During his first two years in office, Donald Trump regularly pointed to the stock market as proof of his leadership’s effectiveness. Experts may have shaken their heads, saying that stock values aren’t an accurate measure of the country’s economic performance. But they are popular with voters, […]

Why Investors Should Care More About the Fortune 500 Than the S&P 500

In any given year, around 330 companies are included in both the S&P 500 index of large-cap U.S. stocks and the Fortune 500. But the differences between the lists matter in the market. Since 1996, publicly traded Fortune 500 companies have outperformed the S&P by 0.5 percentage points annually, according to Barclays, and using an […]

Investors Braced For An Earnings Recession. It Doesn’t Look Like It’s Happening

Investors were ready for bad news. Going into this earnings season, there was an expectation that corporate profits would take a hit in the first quarter of 2019, declining from the robust results seen in the same period last year. Some analysts had S&P 500 profits down as much as 4% year-over-year, citing the diminishing […]

U.S. Stocks, Led by Tech, Post Their Best Quarter in Nearly a Decade

U.S. stocks finished their best quarter in nearly a decade on Friday, as several clouds hanging over the financial markets at the end of 2018 dissipated enough to prompt a strong rebound for most shares. The S&P 500 closed Friday at 2834.40, up 0.7% on the day and up 13.1% for the first quarter of […]