Investing

Sector leadership is in flux. How investors can navigate a directionless market

0


Traders work on the floor of the New York Stock Exchange (NYSE), July 21, 2021.

Brendan McDermid | Reuters

It’s late August, so the market is supposed to be on vacation like so many of us.

However, considering that since the pandemic started, no one really keeps track of what month it is – how was the holiday party last winter, your birthday party, or the company summer outing? – we shouldn’t assume that the S&P 500 or any other index is keeping close tabs on the calendar, either.   

So, what has the market been doing lately? The answer from 20,000 feet would be “grinding higher.” Through Aug. 20, the S&P had climbed 18.3% year-to-date, 6.8% in last three months, and 2.7% over the…



Source cnbc.com

0 0 votes
Article Rating

Bosch says semiconductor supply chains in car industry no longer work

Previous article

Corporate card start-up Ramp more than doubles valuation in five months to $3.9 billion

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Investing