YAHOO FINANCE CHARTBOOK 32 charts that explain markets and the economy right now Zurich - Delayed Quote • USD IS.EU.SEL.HI.BE.50 PR DL (0D38.Z) Follow 103.60 0.00 (0.00%) As of July 22 at 6:00 PM GMT+2. Market Open. Related News Yahoo Finance Chartbook: 32 charts tell the story of markets and the economy midway through 2024 In these charts, top Wall Street experts explain how inflation's decline and resilient economic growth, among other forces, have investors optimistic the stock market's 2024 rally has more room to run. Tech stock rebound, Biden 2024 exit: Market Trends of the Day After coming under pressure last week, tech stocks have picked back up, leading all three major indexes (^DJI,^GSPC, ^IXIC) to close higher in Monday's trading session. This comes after a major shakeup occurred in the 2024 presidential race, where President Biden announced he would exit and instead endorse Vice President Kamala Harris as the Democratic nominee. With rising uncertainty around the election, volatility has come into focus in the markets. Yahoo Finance markets reporter Josh Schafer joins Asking for a Trend to break down his biggest takeaways from the trading day. For more expert insight and the latest market action, click here to watch this full episode of Asking For a Trend. This post was written by Melanie Riehl Small caps, earnings, election uncertainty: Markets in focus President Joe Biden exited from the 2024 presidential race on Sunday, throwing his support behind Vice President Kamala Harris to be the Democratic nominee. WisdomTree Global CIO Jeremy Schwartz joins Market Domination to discuss how markets (^DJI, ^IXIC, ^GSPC) are reacting to the news and how it may affect the small-cap rally (^RUT). "The markets always don't like uncertainty. We got a little bit of clarity of what the nominees are going to be like," Schwartz says. He adds that markets have a preference for divided House-Senate races and candidates who run on lower taxes. "Some of the odds for Trump has been the leader for a while. But the odds of the Democrats taking the House have actually gone up with this change," he notes of the current market action. Schwartz highlights that a cool Consumer Price Index (CPI) print in June led to some rotation away from Big Tech toward small caps: "They're the ones who pay the highest taxes. So they're also looking forward to tax policy next year." With an interest rate cut likely to come in September, he argues that for the small-cap rally to be sustainable, there will have to be continued broader participation that shows up in earnings. As the election inches closer, Schwartz reiterates that "there's a lot of noise that comes with these elections, a lot of uncertainty that comes with it. But stocks have been a very good way to accumulate long-term wealth... the elections are going to generate a lot of headlines for the next 100-plus days, but you got to zoom back out to focus on the broad equity markets. We think that's where you want to be over the long run." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl Follow along the latest Yahoo Finance coverage on Biden's withdrawal from the 2024 election: Biden drops out, backs Kamala Harris: 6 hot takes for investors Joe Biden ends campaign, endorses VP Kamala Harris, throwing election into unprecedented chaos Harris bid gives Democrats chance at 'reset' with young voters Pelosi backs Harris. What are the next steps in her 2024 bid? Harris may become the Democratic presidential candidate, but the policies will still be Biden’s Biden endorses Harris for 2024: A look at the VP's policies Kamala Harris's energy policies are 'left' of Biden: Analyst Biden's exit: What it means for student loan forgiveness 1 business world concern that is already a focus for Kamala Harris: AI Kamala Harris’s VP pick: Potential contenders Prepare for more market volatility on Biden exit: Strategist Election looks 'much closer' with Harris in race: Strategist The Godfather of trading reveals how to trade Trump vs. Harris Stock market news today: Tech roars back as S&P 500, Nasdaq surge ahead of earnings Investors are surveying a changed political landscape after Biden called off his re-election bid, assessing what it could mean for the Trump trade. JD Vance a major concern for markets: Presidential historian In a turn of events over the weekend, President Joe Biden has withdrawn from his 2024 re-election campaign, endorsing Vice President Kamala Harris as the potential Democratic nominee. To explore the potential impact on financial markets, Rice University Professor of History and presidential historian Douglas Brinkley joins Catalysts. Brinkley, the author of JFK: A Vision for America and The Nixon Tapes, draws parallels to the last time a president abandoned a re-election bid: Lyndon B. Johnson in 1968. "Things started getting strange" after Johnson's decision, with the following months marked by a "crazy political see-saw," Brinkley explained. This period saw assassinations of major political figures and violent protests, leading Brinkley to characterize 1968 as "the year of instability" for markets (^DJI, ^IXIC, ^GSPC). However, Brinkley suggests that in the current climate, former President Trump's running mate, Senator JD Vance (R-Oh.), "draw[s] the most concern" for financial markets. He describes Vance as "a right-wing populist who criticizes corporate America," adding that Vance "wants to attack Wall Street as ripping off the little guy". For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith Stocks open week higher after Biden's 2024 election drop out US equities (^DJI, ^IXIC, ^GSPC) open Monday's trading in positive territory after this past weekend's news that President Biden will be dropping out of the 2024 presidential election and endorsed Vice President Kamala Harris as the Democratic nominee. Seana Smith, Madison Mills, and Jared Blikre take a peak at the major market averages and sector gains after this morning's opening bell. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan. Stocks digest Biden's 2024 exit, Harris endorsed: Top Story US stock futures (^DJI, ^IXIC, ^GSPC) are reacting to Sunday's headlines that President Joe Biden will be exiting the 2024 presidential race, endorsing Vice President Kamala Harris as the Democratic nominee ahead of next month's Democratic National Convention (DNC) in Chicago. Democrat backers and mega-donors have thrown their support behind Harris in the wake of this news. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan. Futures dip as focus moves to tech earnings With investors returning to megacap growth stocks on Monday, the S&P 500 and the Nasdaq snapped a three-day losing streak and logged their biggest one-day gain in more than a month. The two main indexes have pulled back recently following a record rally as investors exited Big Tech stocks in favor of underperforming sections of the market. Results from Big Tech companies will be key to determine whether U.S. stocks are overvalued or have more room for growth. 3 High-Yield Dividend ETFs to Buy to Generate Passive Income If you're looking to generate income without giving up long-term upside potential, here are three ETFs for you to look at. Big Tech Is Attractive on Earnings After Selloff, Barclays Says (Bloomberg) -- While investors are concerned about a sustained selloff in US technology mega-caps, Barclays Plc strategists say a robust earnings outlook means the cohort is still attractive after the recent rout.Most Read from BloombergHarris Has Enough Delegates to Clinch Nomination for PresidentTrump Risks Getting Tables Turned on Him With New 2024 AdversaryHarris Wins Soros Backing While Other Billionaire Donors Want an Open ContestA Brief History of Kamala Harris and Her PoliticsWiz Rejects 5 Subtle Reasons Warren Buffett Just Sold $1.48 Billion Worth of Bank of America Stock The selling continues at Berkshire Hathaway, with the second-largest holding Warren Buffett oversees being pared down by nearly 33.9 million shares. Trending tickers: Tesla, Alphabet, LVMH, Spotify and IBM The latest investor updates on stocks that are trending on Tuesday. Billionaire Bill Gates Has 50% of His $46 Billion Trust Invested in 2 Brilliant Stocks The Bill and Melinda Gates Foundation Trust outperformed the S&P 500 over the last three years, and large positions in Microsoft and Waste Management were a big reason why. 2 Stocks That Can Help You to Get Richer in 2024 These companies could deliver significant stock gains as they head into earnings season next month. FTSE 100 LIVE: European stocks mixed as Kamala Harris clinches enough support for nomination Indices were mixed after high profile Democrats threw their support behind presidential hopeful Harris. Stock market today: World shares are mixed, Chinese indexes sink, after Wall St snaps losing streak World shares were mixed and Chinese shares saw their worst day in six months Tuesday as investors showed scant enthusiasm for Beijing’s latest policy moves. Chinese markets turned lower as investors remained skeptical over recent policy decisions. Baosteel Iron & Steel Co. fell 2.9%. Analysis-Cracks in US stock market calm boost allure of portfolio protection Investors are eyeing portfolio protection from a potentially rough stretch in U.S. stocks as they face political uncertainty, big tech earnings and seasonal weakness. Excitement over advances in artificial intelligence and gradually cooling inflation have helped the S&P 500 rise nearly 17% this year. Bets in options markets show investors expect that calm to be tested in coming weeks. Barclays raises 2024 S&P 500 price target to 5600 from 5300 Barclays U.S. strategists have raised their 2024 price target for the S&P 500 to 5600 from the previous 5300, citing a slight premium to the current fair value of the index without the technology sector (SPX ex-Tech), and a 34x multiple for Big Tech. Dow Jones Futures: Apple Chipmaker NXP Plunges On Earnings; Nvidia, Tesla Snap Back Dow Jones Futures Fall: Apple chipmaker NXP plunged on earnings late Monday. Nvidia stock and Tesla snapped back from Friday's losses. 5 Highest Paying Oil & Gas Dividend Stocks for This Summer Income investors hunting for a steady income stream should consider including high-yielding energy stocks in their portfolios considering that the sector remains the cheapest in the U.S. market
