
S&P 500 stumbles after hitting intraday high — the downside of a narrow rally
Non-tech and cyclical stocks sat out Tuesday’s earlier rally, underscoring how narrow the S&P 500’s latest gains really are
Non-tech and cyclical stocks sat out Tuesday’s earlier rally, underscoring how narrow the S&P 500’s latest gains really are
“Safe to say we still happy with our decision,” Beckham says.
President Donald Trump and his supporters point to encouraging economic indicators to argue that concerns about his tariffs are overblown. Skeptics, however, say it’s too soon to declare that all’s well.
MicroStrategy’s stock was heading toward its first decline in six sessions, and Monness Crespi Hardt’s Gus Gala — who is Wall Street’s only bearish analyst on the company — reiterated his sell recommendation.
The space-launch company’s stock hit an all-time intraday high and is on pace for a record closing high.