Bank and tech shares lead stock market higher a 4th straight day

collected by :Haron Adler

as informed in Industrial companies rose and banks moved higher as interest rates increased. Rental car company Hertz soared 24.6 percent to $19.53, its biggest gain in almost a decade. A little more than four years ago, Hertz stock traded above $120 a share. He said the $52 billion deal costs too much and that Express Scripts faces several major threats. Icahn owns Cigna stock and has bet that Express Scripts stock will fall.

Trump trade war: U.S. stock market is faring better than China's since dispute began

Trump trade war: U.S. stock market is faring better than China's since dispute beganAdam Shell | USA TODAYAPEconomists say there are no winners in a trade war, and American farmers, appliance companies and automakers are proof that tariffs can inflict financial harm. But if you're using the stock market as a measure of who's winning the trade dispute, the U.S. has a clear lead over China and its other trading partners. The Standard & Poor's 500, a stock index filled with America's biggest companies that get more than 43 percent of their revenues from overseas sales, is up 6.1 percent this year. The major stock index in Japan is down a little less than 1 percent and European shares are up just 0.3 percent. If Trump wins concessions from China or the European Union, it could prove bullish for stocks as trade terms improve for U.S. companies.

The fate of the stock market for 2018 could rest on the next couple of days

as declared in These 5 tech stocks are in a dot-com-like bubble (and they aren't all FAANGs)Market ExtraThe fate of the stock market for 2018 could rest on the next couple of daysThe S&P 500 ETF sets a new milestoneThe fate of the stock market for this year may arguably hinge on how shares trade in the next couple of days. According to analysts at Bespoke Investment Group, if the market gains from April through July, stocks almost always finish out the year higher and despite Monday's weakness, it's looking good for the S&P 500 so far. "Barring an epic collapse in the last five trading days of the month, this will mark the fourth straight monthly gain for the S&P 500," said Paul Hickey, cofounder of Bespoke, in a note last week. Meanwhile, Ryan Detrick, senior market strategist at LPL Research, noted that the stock market tends to follow the path of the 10-year Treasury yield BX:TMUBMUSD10Y-0.03%"Two years ago this month, the 10-yr yield bottomed at 1.36%. During each of those periods, the S&P 500, too, has risen, he said.

Four reasons why the stock market has ignored the noise and is nearing another record

From tweets to tech to trade wars, investors have had multiple reasons to bail out of stocks this year. Instead, the S&P 500 is just another nudge away from setting a fresh all-time high. Rather than get shaken by scary headlines, the market instead has maintained a laser-like focus on fundamentals. Yet four factors have combined to continue pushing the market higher. The S&P 500 is up about 7 percent year to date, just about 22 points away from its all-time closing high, as of Monday's close.

This stock market isn't as strong as you think, economist David Rosenberg says

"What has kept the market near record terrain are a mere six stocks — Alphabet, Apple, Amazon, Netflix, Microsoft and Facebook," Rosenberg said in a note to clients Wednesday. "Strip out these six flashy stocks, and the overall market has done practically nothing year-to-date."Through mid-July, Alphabet, Apple, Amazon, Netflix, Microsoft and Facebook had contributed nearly 80 percent to the S&P 500's gains. Netflix and Amazon are up 86 percent and 57 percent in 2018, respectively. Microsoft and Facebook have both risen more than 20 percent while Alphabet and Apple have jumped 19.8 percent and 14 percent, respectively. Rosenberg said such concentration in the stock market has not been seen since the late 1990s, just before the dot-com bubble burst.