collected by :Haron Adler
As it stated in This year has already been remarkable for the stock market because the moves seen in 2018 are unlike any in the past, according to an analysis by Bespoke Investment Group. The most similar year to 2018 in the stock market is 1942, with a correlation coefficient of just 0.533, Bespoke found. The S&P 500 is up more than 4 percent year to date but it has not been a smooth ride. The S&P 500 has had 36 days where it rises — or falls —at least 1 percent. Market volatility has spiked this year as investors grapple with a number of different factors combining to make this year quite unique.
As it stated in This year has already been remarkable for the stock market because the moves seen in 2018 are unlike any in the past, according to an analysis by Bespoke Investment Group. The most similar year to 2018 in the stock market is 1942, with a correlation coefficient of just 0.533, Bespoke found. The S&P 500 is up more than 4 percent year to date but it has not been a smooth ride. The S&P 500 has had 36 days where it rises — or falls —at least 1 percent. Market volatility has spiked this year as investors grapple with a number of different factors combining to make this year quite unique.
FANG surge leads stock market recovery, putting Netflix in spotlight
Six of the S&P's 11 sectors remain in negative territory for the year, while the S&P 500 is up 4.8 percent, just 2.5 percent short of its January high. The S&P 500 tech index, which led last year with a 37-percent rise, is up more than 15 percent so far this year. S&P 500 companies are expected to post 20.9 percent earnings per share growth for the second quarter, according to Thomson Reuters data. Stock valuations are more reasonable now than back in January, with the S&P 500 price-to-earnings multiple at 16, roughly its five-year average. "They have the kind of top-line growth that is the envy of the rest of the companies in the S&P 500."Cramer: I think Trump is winning the China trade war, and the US stock market backs me up
As it stated in President Donald Trump is beating China in a trade war that could soon escalate, CNBC's Jim Cramer said on Friday. Cramer said in a "Squawk on the Street" interview he disputes the argument that there are no winners in a trade war. Look no further than the stock market for confirmation that the U.S. is getting the best of China on trade, he said. That's one of the reasons behind the Trump administration's trade offensive against China. The White House also cites as unfair the $300 billion-plus annual trade deficit in goods that the U.S. has with China.MARKETS: BlackRock beats on profits, Fink warns of 10-15% stock market meltdown
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action after BlackRock reported earnings this morning that topped Wall Street estimates. Here's the performance of the Nasdaq 100 component stocks as of 11:00 am ET:CSCO Cisco Systems 2.39%CMCSA Comcast Cl A 1.41%MU Micron Tech 1.25%AMZN Amazon.com Inc 1.01%LILAK Liberty Latin America Ltd Cl C 0.87%EBAY eBay Inc 0.84%MXIM Maxim Integrated Prod 0.77%CTSH Cognizant Tech Solutions'A' 0.78%AMAT Applied Materials 0.73%LILA(HB) Liberty Latin America Ltd Cl A 0.73%VRTX Vertex Pharmaceuticals 0.68%SWKS Skyworks Solutions 0.66%MCHP Microchip Tech 0.58%TMUS T-Mobile US Inc 0.60%INTU Intuit Inc 0.54%NTES Netease Inc Ads 0.54%BIIB Biogen Inc 0.52%AKAM Akamai Technologies 0.42%TSCO Tractor Supply 0.42%PAYX Paychex Inc 0.39%BIDU Baidu Inc 0.38%BIDU Baidu Inc 0.38%FB Facebook Inc 0.33%DISH DISH Network Corp Cl A 0.30%VOD Vodafone Grp Plc ADS 0.27%AAPL Apple Inc 0.27%EXPE(F) Expedia Grp Inc 0.24%INCY Incyte Corp 0.22%TRIP TripAdvisor Inc When-Issued 0.19%GOOGL Alphabet Inc Cl A 0.17%LRCX Lam Research 0.12%ADP Automatic Data Proc 0.14%AAL American Airlines Grp inc 0.13%FISV Fiserv Inc 0.13%XLNX Xilinx Inc 0.12%WBA Walgreen Boots Alliance Inc 0.12%CHKP Check Point Software Tech 0.11%NCLH Norwegian Cruise Line Hldg 0.11%$NDX.X Nasdaq 100 0.05%GOOG Alphabet Inc Cl C Cap Stock 0.05%QCOM Qualcomm Inc 0.02%CA CA Inc -0.03%MSFT Microsoft Corp -0.03%BABA Alibaba Group Holding Ltd -0.04%PYPL PayPal Hldgs Inc -0.07%TXN Texas Instruments -0.10%AABA Altaba Inc -0.08%EA Electronic Arts, Inc. -0.10%BKNG Booking Hldgs Inc -0.12%FAST Fastenal Co -0.13%ULTA Ulta Beauty Inc -0.13%MNST Monster Beverage Corporation -0.16%CTXS Citrix Systems Inc -0.15%SYMC(E) Symantec Corp -0.23%SIRI Sirius XM Hldgs Inc -0.14%STX(HB) Seagate Tech -0.25%DISCA(HB) Discovery Inc Ser A -0.26%CELG Celgene Corp -0.28%CHTR Charter Communications Inc -0.29%ATVI Activision Blizzard Inc -0.29%MAR Marriott Int'l Cl A -0.31%CERN Cerner Corp -0.34%NFLX Netflix Inc -0.30%VRSK Verisk Analytics Inc -0.34%ADI Analog Devices -0.40%COST Costco Wholesale Corp -0.37%SHPG Shire plc ADS -0.37%INTC Intel Corp -0.40%NVDA Nvidia Corp -0.45%KLAC KLA-Tencor Corp -0.40%AVGO Broadcom Inc -0.47%GILD Gilead Sciences -0.47%MYL Mylan NV -0.51%ADSK Autodesk, Inc -0.51%JD JD.com Inc -0.55%DISCK Discovery Inc Ser C -0.55%SBAC SBA Communications'A' -0.55%ESRX Express Scripts Hldg Co -0.56%ORLY O'Reilly Automotive, Inc. -0.59%QRTEA Qurate Retail Inc -0.59%HSIC Henry Schein Inc -0.63%LBTYK Liberty Global plc Cl C -0.64%AMGN Amgen Inc -0.62%ROST Ross Stores -0.66%CTAS Cintas Corp -0.66%VIAB Viacom Inc Cl 'B' -0.77%WDC Western Digital -0.78%LBTYA Liberty Global plc Cl A -0.80%MDLZ Mondelez Int'l Inc Cl A -0.82%ALXN Alexion Pharmaceuticals -0.84%XRAY Dentsply Sirona Inc -0.86%ADBE Adobe Systems -0.92%HOLX Hologic Inc -0.93%BMRN Biomarin Pharmaceutical -0.97%CTRP Ctrip.com Intl Ltd -0.99%ILMN Illumina Inc -1.14%DLTR Dollar Tree Inc -1.15%PCAR PACCAR Inc -1.32%SBUX Starbucks Corp -1.39%NXPI NXP Semiconductors N.V. -1.47%CSX CSX Corp -1.68%REGN Regeneron Pharmaceuticals -1.70%KHC The Kraft Heinz Company -1.71%ISRG Intuitive Surgical -1.85%FOX(F) Twenty-First Century Fox Inc B -1.91%FOXA(F) Twenty-First Century Fox Inc A -1.98%HAS Hasbro Inc -2.49%MAT Mattel, Inc -2.79%TSLA Tesla Inc -3.54%
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