The S&P 500 rose slightly Friday, reaching the 4,300 benchmark for the first time since August '22 as investors looked ahead to new inflation data set for release next week. The Dow gained 0.13%. The S&P 500 rose 0.11%. The Nasdaq was up 0.16%.
as a place for investors to hide right now.
"An inflection point is being reached in the model following years of e-commerce investments, international rationalization, and alternative revenue ramping," he said. "These attributes should push margins higher ."A 25-basis point increase from the Federal Reserve in July would be 'too high,' Jeremy Siegel says
"The initial claims is a very early, sensitive indicator," he said. "I believe, you know we're going into political season, they've [the Federal Reserve] got to be sensitive to what's going on in employment [and] if we see any faltering on that labor market, they are going to give up their rate hikes.
"We are slightly adding to equities where we've been underweight in the past. We're going to start buying cyclicals. The cyclical should do well in this kind of a market, which get into the industrials, financial energy, small- and mid-caps," Apton said.
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