S&P 500 Archives - The Florida Capital Star

Investors Scramble to Adjust Their Portfolios After Inflation Surge

April 12, 2024 Florida Capital Star Staff

Many investors are diversifying their portfolios from standard stocks and bonds as March’s inflation surge casts doubt on economy-boosting rate cuts from the Federal Reserve happening this year, according to Reuters.

The consumer price index increased to 3.5 percent year-over-year in March, up from 3.2 percent in February and far from the Fed’s 2 percent target. Markets prior to March’s inflation report anticipated a few rate cuts this year, leading investors to buy up stock in anticipation that markets would rise when cuts materialize, but the increasing possibility that the Fed will not cut rates this year has led investors to switch up their market strategy, according to Reuters.

‘A Devious and Dangerous Game:’ Vivek Ramaswamy Spars with NYC Comptroller over Green Investing

April 13, 2023 Florida Capital Star Staff

Republican presidential candidate Vivek Ramaswamy sparred with New York City Comptroller Brad Lander on Tuesday over considering green investments for pension plans.

“I am frankly worried about the pension plan participants in the funds because fossil fuel companies dramatically outperform the S&P by almost 80 percent and they outperformed the very ESG funds that divested from fossil fuel companies by nearly 100 percent,” Ramaswamy said during an appearance on CNBC’s “Last Call.”

Goldman Sachs Issues Stock Market Warning

November 29, 2022November 28, 2022 Admin

U.S. investors are significantly underestimating the risk of a recession, potentially increasing the impact of a recession next year, economists at Goldman Sachs warned in a Monday research note, according to Bloomberg.

Researchers at Goldman estimate a 39 percent chance of a slowdown in U.S. growth, but risk assets only account for an 11 percent chance, Bloomberg reported. By underestimating the chance of a recession, investors are increasing their exposure to the effects of “recession scares” in 2023, the analysts warned.

Nasdaq Expected to Underperform the S&P 500 for First Time in over Five Years

December 29, 2021December 28, 2021 Florida Capital Star Staff

The Nasdaq Composite, a technology-heavy index of publicly-traded companies, is set to underperform the S&P 500 for the first time since 2016, according to CNBC.

The S&P 500, a stock market index consisting of the 500 largest publicly-traded companies in the U.S., climbed 28% in 2021 as of Monday, while the Nasdaq was up 23% on a year-over-year basis, according to CNBC. The S&P 500 previously beat the Nasdaq in 2016 and 2011.

The Nasdaq had a strong start to 2021, almost doubling the S&P 500 in February, CNBC reported. Trading slowed after the arrival of the COVID-19 vaccines, which boosted sentiment among investors that the pandemic was ending, reducing demand for remote work technology and other tech-focused goods.

Stock Market Nosedives as Massive Sell-Off Continues

September 21, 2021 Florida Capital Star Staff

Major stock market indices plummeted Monday in a continuing sell-off tied to China’s declining property value, increasing COVID-19 cases and lack of progress in Congress on increasing the debt limit.

The Dow Jones Industrial Average (DJIA), an index measuring 30 major U.S. corporations, dropped 1.78% on Monday. The S&P index, which measures 500 of the largest publicly traded companies, fell 1.7%, while the NASDAQ, an index composed largely of technology firms, declined 2.19%.