Latest news with #P500
Economic Times
16 hours ago
- Business
- Economic Times
S&P 500 ends near flat but posts biggest monthly percentage gain since November 2023
The S&P 500 concluded a turbulent session with minimal change as President Trump's remarks on China caused market fluctuations. Despite initial losses triggered by trade concerns, positive earnings and inflation data contributed to the S&P 500's rebound, achieving its largest monthly gain since November 2023. Investors are closely monitoring tariff developments and anticipating potential Federal Reserve interest rate cuts. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads NEW YORK - The S&P 500 ended a volatile session little changed on Friday as U.S. President Donald Trump slammed China before sounding upbeat about reaching a trade deal , but the benchmark index tallied its biggest monthly increase since November Nasdaq also registered its biggest monthly percentage gain since November was a choppy month for stocks as Trump's erratic trade policies kept investors on edge, but his softening tariff stance, along with upbeat earnings and tame inflation data, helped the S&P 500 rebound from its April Friday, all three major stock indexes opened lower after Trumpaccused China on his Truth Social platform of breaching a trade agreement with the U.S. and issued a new veiled threat to get tougher with the market pared losses as Trump said on Friday afternoon he will speak to China's President Xi Jinping and hopefully work out their differences on trade and said the constant stream of tariff news is "don't know how to react to tariff" news at this point, said Jake Dollarhide, CEO of Longbow Asset Management in Tulsa, Oklahoma. "The news cycle is maddening."The Dow Jones Industrial Average rose 54.34 points, or 0.13%, to 42,270.07. The S&P 500 lost 0.48 points, or 0.01%, at 5,911.69 and the Nasdaq Composite fell 62.11 points, or 0.32%, to 19, S&P 500 also finished Friday with a weekly gain that lifted it less than 4% from its February all-time high. The benchmark index rose about 6.2% in May, while the Nasdaq surged 9.6% for the month."February, March and April was one of the worst three-month periods since COVID, so we needed some gains," Dollarhide the effective U.S. tariff on imports was 2% to 3% before Trump took office, it stands at about 15%, according to Oxford Research estimates. This would have been lowered to about 6% by a trade court ruling, but an appeals court's emergency stay has kept the higher rate in place for on Friday also digested data showing U.S. consumer spending increased 2.1% year-on-year in April after advancing 2.3% in March. The Federal Reserve tracks the PCE price measures for its 2% inflation maintained bets that the U.S. central bank would cut its target for short-term borrowing costs in the earnings front, shares of Ulta Beauty jumped 11.8% after the cosmetics retailer raised its annual profit forecast after beating quarterly issues outnumbered advancers by a 1.14-to-1 ratio on the NYSE. There were 94 new highs and 62 new lows on the the Nasdaq, 1,849 stocks rose and 2,651 fell as declining issues outnumbered advancers by a 1.43-to-1 on U.S. exchanges was 19.34 billion shares, compared with the roughly 18 billion average for the full session over the last 20 trading days.
Yahoo
17 hours ago
- Business
- Yahoo
Why Estée Lauder Stock Tipped Higher on Thursday
The cosmetics company is bringing back a seasoned executive. She most recently served as CEO at two peer businesses. 10 stocks we like better than Estée Lauder Companies › A new executive hire at Estée Lauder Companies (NYSE: EL) was the main news item driving the company's stock higher on the penultimate trading day of the week. Thursday saw the storied cosmetics maker's share price rise by over 3%, a figure that was more than high enough to beat the S&P 500 index's 0.3% increase. That morning, Estée Lauder announced that it had hired Lisa Sequino to be the president of its makeup brand cluster. Sequino is quite the experienced cosmetics industry executive, having most recently served as CEO and board member of industry company Supergoop! Prior to that, she served in both capacities for JLo Beauty & Lifestyle companies, the beauty brand founded by actor Jennifer Lopez. The incoming executive will be a familiar figure to some in Estée Lauder's offices. Before her two CEO stints, she was with the company for over nine years, serving in a variety of high-level roles. The most recent of these was senior vice president of North American Brands. Before that stretch, she worked for eight years at consumer goods titan Procter & Gamble as a cosmetics executive. In Estée Lauder's press release touting Sequino's return, Chief Brand Officer Jane Hertzmark Hudis said "Her unique combination of strategic and conceptual thinking, entrepreneurial mindset and operational excellence makes her exceptionally well-suited to fast track our makeup cluster into its next phase of growth." Sequino certainly feels like quite the "get" for Estée Lauder, not least because of her recent experience as the leader of two brands familiar to industry watchers. The company was built on its success with makeup products, and as such they'll be important for its future too. Before you buy stock in Estée Lauder Companies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Estée Lauder Companies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $651,761!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $826,263!* Now, it's worth noting Stock Advisor's total average return is 978% — a market-crushing outperformance compared to 170% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Estée Lauder Stock Tipped Higher on Thursday was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
- Yahoo
California senate probing Paramount over 2024 $15M offer to Trump's campaign
-- The California State Senate has initiated an investigation into Paramount, following allegations that the network may have breached state laws pertaining to bribery and unfair competition. The probe was reported by Semafor on Friday. The investigation was triggered by reports of Paramount's offer of $15 million to President Donald Trump's 2024 campaign. This was purportedly to settle a lawsuit that was brought against CBS over an edited interview with Kamala Harris, Trump's Democratic rival. The Wall Street Journal had previously reported on this matter. In the latest development, the Senate's communications committee and judiciary committee have issued invitations to two former CBS News officials, requesting their testimony. The officials' identities and the specific details of their expected contributions to the investigation have not been disclosed. Related articles California senate probing Paramount over 2024 $15M offer to Trump's campaign S&P 500 falls amid new US-China tech sanctions Saudi Arabia reportedly planning massive Airbus order
Yahoo
a day ago
- Business
- Yahoo
CME Group Chairman and Chief Executive Officer Terry Duffy to Present at Piper Sandler Global Exchange and Trading Conference
CHICAGO, May 30, 2025 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that Terry Duffy, Chairman and Chief Executive Officer, will present at the Piper Sandler Global Exchange and Trading Conference on Thursday, June 5, 2025, at 1:30 p.m. (Eastern Time). The presentation will be available for livestreaming via CME Group's Investor Relations website. Please allow extra time prior to the presentation to visit the site and download the streaming media software required to listen to the online broadcast. An audio webcast will be available for replay at the same address approximately 24 hours following the conclusion of the conference. As the world's leading derivatives marketplace, CME Group ( enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing. CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. BrokerTec is a trademark of BrokerTec Americas LLC and EBS is a trademark of EBS Group LTD. The S&P 500 Index is a product of S&P Dow Jones Indices LLC ("S&P DJI"). "S&P®", "S&P 500®", "SPY®", "SPX®", US 500 and The 500 are trademarks of Standard & Poor's Financial Services LLC; Dow Jones®, DJIA® and Dow Jones Industrial Average are service and/or trademarks of Dow Jones Trademark Holdings LLC. These trademarks have been licensed for use by Chicago Mercantile Exchange Inc. Futures contracts based on the S&P 500 Index are not sponsored, endorsed, marketed, or promoted by S&P DJI, and S&P DJI makes no representation regarding the advisability of investing in such products. All other trademarks are the property of their respective owners. CME-G View original content: SOURCE CME Group
Yahoo
2 days ago
- Business
- Yahoo
Illinois Tool Works (ITW): Buy, Sell, or Hold Post Q1 Earnings?
Over the past six months, Illinois Tool Works's shares (currently trading at $246.98) have posted a disappointing 11% loss while the S&P 500 was down 2.5%. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation. Is now the time to buy Illinois Tool Works, or should you be careful about including it in your portfolio? Get the full stock story straight from our expert analysts, it's free. Even though the stock has become cheaper, we're swiping left on Illinois Tool Works for now. Here are three reasons why you should be careful with ITW and a stock we'd rather own. Investors interested in General Industrial Machinery companies should track organic revenue in addition to reported revenue. This metric gives visibility into Illinois Tool Works's core business because it excludes one-time events such as mergers, acquisitions, and divestitures along with foreign currency fluctuations - non-fundamental factors that can manipulate the income statement. Over the last two years, Illinois Tool Works failed to grow its organic revenue. This performance was underwhelming and implies it may need to improve its products, pricing, or go-to-market strategy. It also suggests Illinois Tool Works might have to lean into acquisitions to accelerate growth, which isn't ideal because M&A can be expensive and risky (integrations often disrupt focus). Forecasted revenues by Wall Street analysts signal a company's potential. Predictions may not always be accurate, but accelerating growth typically boosts valuation multiples and stock prices while slowing growth does the opposite. Over the next 12 months, sell-side analysts expect Illinois Tool Works's revenue to rise by 1.3%. While this projection indicates its newer products and services will spur better top-line performance, it is still below average for the sector. If you've followed StockStory for a while, you know we emphasize free cash flow. Why, you ask? We believe that in the end, cash is king, and you can't use accounting profits to pay the bills. As you can see below, Illinois Tool Works's margin dropped by 1.8 percentage points over the last five years. If its declines continue, it could signal increasing investment needs and capital intensity. Illinois Tool Works's free cash flow margin for the trailing 12 months was 18.1%. Illinois Tool Works isn't a terrible business, but it doesn't pass our bar. Following the recent decline, the stock trades at 23.3× forward P/E (or $246.98 per share). This multiple tells us a lot of good news is priced in - you can find better investment opportunities elsewhere. We'd recommend looking at a safe-and-steady industrials business benefiting from an upgrade cycle. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
