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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPremature to assume there's a September rate cut, says Envestnet's Dana D'AuriaDana D’Auria, Envestnet co-CIO, and Sam Stovall, CFRA Research chief investment strategist, join 'Closing Bell Overtime' to talk the day's market action.
Persons: Envestnet's Dana D'Auria Dana D’Auria, Envestnet, Sam Stovall Organizations: CFRA Research
The next rate decision from the Federal Reserve coupled with May inflation data, both on Wednesday, will play key roles in how stocks perform next week — quite probably lending added volatility to an already jittery market. The Fed's rate decision All eyes are on the Fed next week and its rate decision that's set to come down at 2 p.m. Wednesday. But investors have tempered expectations since then amid a spate of stubborn inflation data. That makes May's consumer price index report due out before the bell Wednesday another key focal point for investors. Economists polled by Dow Jones are bracing for the consumer price index to rise 3.4% year over year and 0.1% on a monthly basis.
Persons: nonfarm, Kathryn Kaminski, Scott Wren, they've, it's, Tony Roth, Envestnet's Dana D'Auria, D'Auria, Dow Jones, Wells, Wren, John Belton, Apple, Jerome Powell, John Wiley Friday Organizations: Federal, Nvidia, Apple, Microsoft, GameStop, Dow, AlphaSimplex Group, Fed, Federal Open Market, European Central Bank, European Union, Wells Fargo Investment, Wilmington Trust's, CPI, Apple's Worldwide, Broadcom, Dave, Treasury, Signet Jewelers, University of Michigan Locations: Wells Fargo, Cupertino , California
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEarnings are holding the market up right now, says Envestnet's Dana D'AuriaScott Wren, Wells Fargo Investment Institute senior global market strategist, and Dana D’Auria, Envestnet co-CIO, joins 'Closing Bell Overtime' to talk the day's market action.
Persons: Envestnet's Dana D'Auria Scott Wren, Dana D’Auria, Envestnet Organizations: Fargo Investment Institute Locations: Fargo
The S&P 500 index closed above 5,000 for the first time on Friday, with investors showing continued optimism about cooling inflation, strong earnings and a resilient economy. Aside from being a big, round number, 5,000 isn't a particularly important threshold for the broad U.S. stock market barometer in and of itself. Financial pros say you'd be wise to avoid making any wholesale changes to your strategy based on short-term moves in the stock market. "Investors in general, but especially younger investors, should ignore the headlines about all-time highs in the S&P 500," says Kevin Brady, a certified financial planner at Wealthspire Advisors in New York City. Because they are not uncommon, meaning all-time highs more often than not lead to further all-time highs in short order."
Persons: we're, Dana D'Auria, Kevin Brady Organizations: CNBC, Wealthspire Advisors Locations: New York City
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGet into value lower priced stocks, says Envestnet's Dana D'AuriaDana D'Auria, co-CIO at Envestnet, and Victoria Greene, founding partner & chief investment officer at G Squared Private Wealth Management, join 'Closing Bell: Overtime' to discuss this week in markets and preview what to expect next week's big market moves.
Persons: Envestnet's Dana D'Auria Dana D'Auria, Victoria Greene Organizations: Envestnet, G Squared Private Wealth Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Envestnet's Dana D’Auria and G Squared's Victoria GreeneDana D'Auria, co-CIO at Envestnet, and Victoria Greene, founding partner & chief investment officer at G Squared Private Wealth Management, join 'Closing Bell: Overtime' to discuss this week in markets and preview what to expect next week's big market moves.
Persons: Envestnet's Dana D’Auria, Victoria Greene Dana D'Auria, Victoria Greene Organizations: Envestnet, G Squared Private Wealth Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA tilt towards value and quality stocks will be better in the long run: Envestnet's Dana D'AuriaDana D'Auria, Envestnet PMC co-CIO, joins 'Squawk Box' to discuss how investors treat the stock and bond markets, whether investors should accept risks, and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBonds and equities are both losers in stagflation, says Komal Sri-KumarDana D'Auria, Co-CIO at Envestnet, and Komal Sri-Kumar, president of Sri-Kumar Global Strategies, join CNBC's 'Squawk Box' to discuss what's causing stocks to slide ahead of the market open on Friday.
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