Connect with us

archive

S&P 500 Has Worst Day Since November

S&P 500 Has Worst Day Since November (Bloomberg)

Investors expressed concern over valuations, sending the S&P 500 to its biggest daily loss since November. “Sentiment is extremely optimistic and that’s a negative for stocks,” Bruce Bittles, chief investment strategist at RW Baird & Co., said. “That means for the short term they’re fully invested. Stocks have entered the new year overbought and over-believed and until we digest that, we’re likely to stay in this range.”

Newsletter Signup.

Sign up to the Human Events newsletter

Advertisement
Advertisement

TRENDING NOW:

Kavanaugh 2.0? Trump’s Rape Accuser E. Jean Carroll Should Face Tougher Questions.

CULTURE

Google Anti-Conservative Political Bias Google Anti-Conservative Political Bias

Google Admits It Wants to ‘Prevent The Next Trump Situation’

TECH

Drag Queen Reading Hour Can Be Stopped.

CULTURE

Democrat Presidential Hopeful Cory Booker Shared Pro-Farrakhan Images.

U.S. POLITICS

Investors expressed concern over valuations, sending the S&P 500 to its biggest daily loss since November.

archive

S&P 500 Has Worst Day Since November

Investors expressed concern over valuations, sending the S&P 500 to its biggest daily loss since November.

S&P 500 Has Worst Day Since November (Bloomberg)

Investors expressed concern over valuations, sending the S&P 500 to its biggest daily loss since November. ??Sentiment is extremely optimistic and that??s a negative for stocks,? Bruce Bittles, chief investment strategist at RW Baird & Co., said. ??That means for the short term they??re fully invested. Stocks have entered the new year overbought and over-believed and until we digest that, we??re likely to stay in this range.?

Newsletter Signup.

Sign up to the Human Events newsletter

Written By

TRENDING NOW:

Kavanaugh 2.0? Trump’s Rape Accuser E. Jean Carroll Should Face Tougher Questions.

CULTURE

Google Anti-Conservative Political Bias Google Anti-Conservative Political Bias

Google Admits It Wants to ‘Prevent The Next Trump Situation’

TECH

Drag Queen Reading Hour Can Be Stopped.

CULTURE

Democrat Presidential Hopeful Cory Booker Shared Pro-Farrakhan Images.

U.S. POLITICS

Connect
Newsletter Signup.

Sign up to the Human Events newsletter