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Nvidia is the key to how stocks will perform in the next few months as investors head into a seasonally weak period for markets, with the macroeconomic picture once again a center of attention. Stocks capped a winning month in May after a strong earnings season and signs of easing inflation buoyed investor optimism. .VIX YTD mountain CBOE Volatility Index In fact, the CBOE Volatility Index, known as Wall Street's fear gauge, is currently at 14. The broad market index was last around 5,220. Traders will have to rely on macroeconomic data for the next several weeks, including the May jobs report that's on deck next Friday.
Persons: Stocks, what's, Olivier Sarfati, Sarfati, Jensen Huang's, Josh Brown, Jonathan Krinsky, Jeff deGraff, CNBC's, deGraff, Rob Ginsberg, JC O'Hara, Roth, Dow Jones, Thomas Urano, Jobs, Cook Organizations: Nvidia, Nasdaq, Dow Jones, Ritholtz Wealth, Semiconductors, VanEck Semiconductor, Macro, Wolfe Research, Advisory, PMI, Manufacturing, Hewlett Packard Enterprise, Body, Services PMI, Labor, Girls Global, University of, District of Columbia, Consumer Credit Locations: Smucker, Washington
Wall Street will endeavor to keep the November momentum going in the final month of 2023, as investors look for a broadening out of the rally that has been dominated this year by a handful of tech names. It also marked the best monthly performance for the S & P 500 and Nasdaq Composite since July 2022. While the S & P 500 cap-weighted index climbed more than 18% this year, the equal-weighted index is up by just over 4%. They highlight the attractive relative valuation of value stocks compared to growth stocks, as well as the significant underweighting of value names in portfolios by traders. And the question is, is it going to be in 2024, is it going to be 2025 or in 2026?
Persons: Stocks, Hogan, Olivier Sarfati, GenTrust's Sarfati, Carlos Asilis, Asilis, FactSet, nonfarm payrolls, They're, TK, Nonfarm Organizations: Dow Jones, Dow, Nasdaq, Treasury, Riley, Apple, Nvidia, Meta, Microsoft, Tesla, Expedia, Paramount Global, Russell, Glovista Investments, PMI, Services PMI, ADP, Labor, Consumer Credit, Broadcom Locations: U.S, Michigan
VACCARELLO’S DEBUT FOR Saint Laurent wasn’t as rapturously received as Yves Saint Laurent’s for Dior. “Anthony has been scrutinized and told his dresses were too vulgar or too sexy,” he says. At the beginning of his tenure at Saint Laurent, it sometimes seemed like Vaccarello was art directing someone else’s movie. Illuminated by the soft glow of chandeliers — a reference to the ballroom at Paris’s InterContinental hotel, the frequent site of Saint Laurent’s presentations — the women summoned the femmes fatales of Helmut Newton photographs. “Now that I’m a free man, I feel inclined to say that I think that what Anthony has done with Saint Laurent has been positively brilliant.
Persons: Saint Laurent wasn’t, rapturously, Yves Saint Laurent’s, Saint, Flinn, “ Anthony, Vaccarello, Saint Laurent, Luchino Visconti, Rainer Werner Fassbinder, can’t, he’s, Helmut Newton, Henri Pinault, , Tom Ford, Anthony Organizations: Saint Laurent, Dior, Montaigne, , Eiffel, InterContinental Locations: Saint, Malibu , Calif
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