The U.S. stock market has shown clear signs of divergence. The$Dow Jones Industrial Average (.DJI.US)$has fallen for nine consecutive trading days, marking its longest losing streak in over 40 years, with a total decline of nearly 4%. In stark contrast, the$S&P 500 Index (.SPX.US)$and$Nasdaq Composite Index (.IXIC.US)$are nearing historic highs, driven by strong performance in the technology sector. Key Drivers Behind t...
The Nasdaq Composite soared to an all-time high on Monday, closing at 20,173.89 (+1.2%). 🚀 Big tech stocks led the charge with impressive gains: 📊 Alphabet$Alphabet-A (GOOGL.US)$: $196.66 🚗 Tesla$Tesla (TSLA.US)$: $463.02 🛒 Amazon$Amazon (AMZN.US)$: $232.93 (+2.41%) 🍏 Apple$Apple (AAPL.US)$: $251.04 (+1.15%) 💻 Broadcom$Broadcom (AVGO.US)$: $250.00 (+11.23%) 🔍 Fed Meeting: What to Watch Today All eyes are on the Federal Reserve's policy decision 🏦 happening to...
Portfolio diversification is the strategy of spreading investments across different assets, sectors, industries, and geographical regions to reduce the overall risk of the portfolio. The idea is that by holding a variety of investments, the overall performance of the portfolio will be less dependent on the performance of any single investment, reducing the risk of large losses. Why is Portfolio Diversification Important? 1. Risk Reduction: Diversification...
Despite a drop in earnings, Cigna Group maintains a high P/E due to anticipated growth surpassing the market. Investors don't see potential earnings deterioration as a reason for a lower P/E ratio.
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