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But the surveys also reveal a noticeable gap in support between the pro-abortion rights amendments and the Democratic presidential and Senate candidates who are campaigning on a pro-abortion rights platform. Pro-abortion rights ballot measures won in every state where they appeared on the ballot, including conservative-leaning ones, in the 2022 and 2023 elections. Similarly in Arizona, a proposed amendment to enshrine abortion rights in the state’s constitution has clear majority support. In Montana, there’s little evidence that the presence of an abortion rights amendment has had a major effect on the race between three-term Democratic Sen. Jon Tester and Republican challenger Tim Sheehy. For example, in Missouri, public polling indicates broad support for a constitutional amendment to enshrine abortion rights, while Republican Sen. Josh Hawley and Trump hold strong leads in their races.
Persons: Shannon Bilbray Axelrod, Axelrod, Roe, Wade, , , ’ ”, Mike Noble, Noble, ” Noble, , ” Montana GOP Sen, Steve Daines, haven’t, didn’t, Chuck Rocha, Tova, Jeri Burton, Democratic Sen, Jacky Rosen, Republican Sam Brown, Kamala Harris, Donald Trump, Trump, Harris, Ruben Gallego, Republican Kari Lake, Republican Sen, Rick Scott, Debbie Mucarsel, Powell, Jon Tester, Tim Sheehy, Sheehy, Chuck Denowh, ” Denowh, Josh Hawley, I’ve, Rocha, Bridget Bowman, Adam Edelman Organizations: Democratic, Nevada Assembly, U.S, ” Montana GOP, National Republican Senatorial, NBC News, Democrat, National Organization for Women’s, Fox, Senate, Republican, New York Times, Siena, Suffolk University, , The New York Times, Trump, Montana Republican Party, Locations: Nevada, Clark County, , Arizona, Montana, Florida, U.S ., Nevada , Arizona, ” Montana, National Organization for Women’s Nevada, The, Siena, Missouri, Las Vegas, New York
The group, calling itself Riverfolk Rescue, has since grown to nearly 200 volunteers who are reaching isolated communities, dropping off supplies and shoveling mud across western North Carolina. Sarah Beth Neal, bottom, with Riverfolk Rescue volunteers. The group’s team in Florida is still assessing the situation there, but local responders so far appeared to have things handled, Neal said. Vast quantities of reddish-brown mud are an added obstacle, said Alexander Smith, a Riverfolk Rescue volunteer. Riverfolk Rescue vehicles drive under a downed tree.
Persons: he’d, didn’t, Tim Rogers, ” Rogers, , ” Neal, she’d, Neal, Sarah Beth Neal, There’s, Alexander Smith, , Hampton, Kristin Kastelic, Kastelic, It’s, ” Kastelic, who’d, ’ ” Organizations: Hampton, U.S . Geological Survey, Facebook, Riverfolk Rescue, East, NBC Locations: Hampton, Charlotte, N.C, , Sweetwater , Tennessee, North Carolina, Florida, NC, U.S, Tennessee, Bryson City , North Carolina, Smoky, Asheville
This time of year typically tests nerves, more so when — as now — an election is onrushing and the S & P 500 was already up 20% for the year. Since June 30, the equal-weighted S & P 500 has gained 9.5%, more than triple the Nasdaq 100's rise. A buyer at the mid-July S & P 500 peak of 5667 sustained a quick 8% tumble in three weeks. Goldman Sachs calculated VIX being this elevated with the S & P 500 calmly clicking to record highs is essentially unheard-of. Cash that's still yielding well more than inflation and bonds holding their value allow investors to shoulder higher equity exposures rather than rotating out.
Persons: isn't, it's, Goldman Sachs, Cash, Friday's Organizations: Federal Reserve, Nasdaq, American Association of, Deutsche, , Bank
I've been to over 40 countries and have had the best experiences traveling without an itinerary. By not having a detailed plan for each day, I'm able to wander around freely and people-watch. AdvertisementI've been obsessed with travel since I was young, and so far, I've ticked off more than 40 countries on my bucket list. Although planning can save time and money, some of my best travel experiences have resulted from just winging it. However, I've found that some of my favorite travel memories were due to spontaneity.
Persons: I've, , I'm, I'd, they've Organizations: Service, American Express Locations: London, Rocamadour, France, Paris, Andorra, Loches
CNN —Drought is now so bad in parts of southern Africa that governments say they must kill hundreds of their most captivating, majestic wild animals to feed desperately hungry people. In August, Namibia announced it had embarked on a cull of 723 animals, including 83 elephants, 30 hippos and 300 zebras. Crops have failed, livestock has died and nearly 70 million people are desperately in need of food. They say it’s the opposite: reducing numbers will help protect remaining animals as the drought shrinks food and water resources. Both Namibia and Zimbabwe say professional hunters will ensure entire groups are killed to prevent this.
Persons: , Badru Katumba, El Niño, , Elizabeth Mrema, Mrema, Chris Brown, ” Brown, It’s, Romeo Muyunda, ” Muyunda, Brown, Izak Smit, Zinyange Auntony, Farai Maguwu, ” Maguwu, Elisabeth Valerio, Maguwu, Megan Carr, Keith Lindsay, Muyunda, Organizations: CNN, Getty, United Nations Environment, , Namibian Chamber, Environment, Namibia’s Ministry of Environment, Forestry, Tourism, Desert Lions Human Relations, for Natural Resource, cullings, EMS Foundation, Martin Locations: Africa, Namibia, Zimbabwe, Europe, Murchison, Uganda, AFP, Damaraland, Kaokoland, slaughterhouses, Namibian, Dete, Hwange, Hwange Park, African, Halali, Etosha
This is while S&P 500 valuations remain high, putting the market at risk for big declines. In a September note, Wolfenbarger shared the below chart from Bank of America showing 19 of 20 valuation measures they monitor as being overvalued. That means the S&P 500 would have to fall 60% just to return to the historical average. But it's still unclear how accurate the September jobs data is. Future revisions and further lackluster jobs data could resume investor fears that a downturn is a serious potential threat.
Persons: Jon Wolfenbarger, , Merrill Lynch, St, Louis Fed, Wolfenbarger, September's, it's, David Rosenberg Organizations: Service, Federal Reserve, Bureau of Labor Statistics, JPMorgan, Conference Board, Global, Bank of America, Rosenberg Research, Nvidia Locations: St
China’s ‘New Great Wall’ Casts a Shadow on Nepal
  + stars: | 2024-10-12 | by ( ) www.nytimes.com   time to read: +14 min
Hilsa Village NEPAL CHINA Area of detail CHINA Humla District NEPAL Kathmandu INDIA 75 miles NEPAL CHINA Hilsa Village CHINA Area of detail Humla District NEPAL Kathmandu INDIA 75 miles Source: OpenStreetMap, ESRI By Agnes ChangThe Nepalis have other complaints, too. “This is the new Great Wall of China,” said Jeevan Bahadur Shahi, the former provincial chief minister of the area. Without proper roads, it takes goat herders three days to cover the seven miles from Simikot, Nepal, to Humla. CHINA NEPAL CHINA-NEPAL BORDER CHINA NEPAL CHINA-NEPAL BORDER CHINA NEPAL CHINA-NEPAL BORDERThe Chinese side used to be nearly as remote, the seclusion broken only by a flow of pilgrims to Mount Kailash, which is holy to four faiths. Just 20 miles away is the junction of China, Nepal and India.
Persons: Nepalis, Agnes Chang, Dalai Lama, , Jeevan Bahadur Shahi, Xi’s, Xi, Brian Hart, ” Mr, Hart, Arzu Rana Deuba, , Saud, Saud’s, , Mr, Deuba, Pan Yue, China “, Shahi, Lhamu Lama, Hilsa, Pema Wangmu Lama Organizations: Chinese Communist Party, Covid, China Power, Center for Strategic, International Studies, Liberation Army, U.S . Department of Defense, The New York Times, Nepali Home Ministry, The Times, Communist, Security, Guard, Times, National Ethnic Affairs, Nepali Locations: Tibet, Nepal, Nepal’s Humla District, China, Hilsa, NEPAL CHINA, CHINA Humla District NEPAL Kathmandu INDIA, NEPAL CHINA Hilsa, CHINA, Humla, NEPAL Kathmandu INDIA, ESRI, Nepali, Nepal’s Humla, Simikot, Beijing, Washington, Philippine, India, Humla District, N.P, Hulma, Kathmandu, Vietnam, People’s Republic of China, CHINA NEPAL CHINA, NEPAL, Mount Kailash, Xinjiang, Purang, , Bhutan, District
Plus, "Meet the Press" moderator breaks down the polling numbers behind Barack Obama's stern message to Black voters. Former President Barack Obama came to Pittsburgh on Thursday with a stark warning for Black men to step up their support for Harris. The survey found that men under the age of 50 were the most likely subgroup of Black voters to back Trump over Harris. While Harris had a 78-point lead among Black men over 50, the number drops to about 50 points with Black men under 50. Bottom line: This is the first time we have heard this powerful and direct plea from the nation’s first Black president to other Black men.
Persons: Ryan Nobles, Frank Thorp, Donald Trump's, Sen, Jon Tester, Barack, Tim Combo, , , Donald Trump, Republican Tim Sheehy, Kamala Harris, I’ve, , Montana’s, Tester, Trump, Read, Ryan, Frank →, Bridget Bowman, Sam Brown, Democratic Sen, Jacky Rosen, Bridget →, Kristen Welker, Barack Obama, Harris, ” Obama, “ You’re Organizations: NBC, White House, Capitol, Capitol Hill, Montana Senate, Western States Carpenters, Democrat, Republican, Navy SEAL, Trump, Democrats, Montana’s Trump, Senate, GOP, Democratic, Howard University Initiative, Black Locations: Montana, Mont, Butte, Nevada, Las Vegas, Pittsburgh
While Republicans don’t need to win Nevada to flip the Senate, the state could help dictate the size of a GOP majority. Rosen told NBC News before addressing the Culinary Union that voters have a “clear choice” in the Senate race. “I think Sam Brown is just too extreme, and I want to continue being that pragmatic problem solver, that bipartisan senator who gets results for Nevada,” Rosen said. “It’s a massively missed opportunity,” said one Nevada Republican operative who requested anonymity to speak candidly about party strategy. Asked if Harris should distinguish herself more from the president to win Nevada, Rosen said: “The race is about Kamala Harris versus Donald Trump.
Persons: Sen, Jacky Rosen, ” Rosen, Rosen, Republican Sam Brown, Donald Trump, Kamala Harris, Sam Brown, ” Brown, Raegan Lehman, Democratic Sen, Catherine Cortez Masto, Joe Biden, Hillary Clinton, Brown, Amy Walter, , , “ Sam, ” Lehman, he’s, Zac Moyle, ” Moyle, it’s, Anita Henson Sanchez, Trump, Harris, Biden, “ I’m, Silvia Buanrostro, Amy Organizations: Nevada Democrat, Democratic, United States Senate, Culinary Union, GOP, Republican, Army, NBC, Senate, , Social Security, Republicans, Trump, Nevada Republican, Republicans ’, don’t, Nevada Republican Party, Nevada, NBC News, Nevada Independent Locations: RENO, Nev, Nevada, Reno, redder, Afghanistan, Las Vegas, Spanish, Mexican, Texas, “ Nevada
Inside data brokers' massive vaultCybersecurity experts estimate that data brokers collect an average of 1,000 data points on each individual with an online presence. Little oversight around data privacyThe lack of comprehensive regulation around data privacy allows data brokers to operate with little oversight, unlike the General Data Protection Regulation (GDPR) in the European Union. Opt-out links and instructions are readily available for most of the major data brokers: ExperianTransUnionLexisNexisEpsilon But data privacy experts says reclaiming or deleting your data from brokers can be a deliberately complex process that is not only time-consuming but frustrating. "With AI, data brokers will create even more detailed and predictive profiles, incorporating everything from biometric data to behavioral tracking," Abed said. Until regulation steps in, data brokers will continue to collect as much data as possible.
Persons: Pew, Arjun Bhatnagar, Roger Grimes, Jeff Chester, Chester, I'm, Bruno Kurtic, Chris Henderson, Chelsea Magnant, Rob Hughes, Kurtic, Cloaked's Bhatnagar, Henderson, Javad Abed, Abed Organizations: Pew Research, Social, LexisNexis, Epsilon, OneRep, Center for Digital Democracy, D.C, Bedrock Security, National Security Agency, CNBC, Data Protection, European Union, NYU's Center for Global Affairs, Brunswick, RSA, U.S, Consumers, Consumer, Engage, Federal Trade Commission, FTC, Johns Hopkins Carey Business School Locations: Washington, California, U.S, Chester
Instagram is the most used app among US teens, a new Piper Sandler survey found. The analysts found that 87% of teens said they used Instagram at least once a month. AdvertisementTikTok was the second most used social app, with 79% saying they used it monthly compared to 74% a year ago. Snapchat came in third at 71% monthly usage, a decline from fall 2023 when 74% said they used the app monthly. Pinterest (41%), Twitter (30%), and Facebook (30%) rounded out the bottom in terms of monthly usage this fall.
Persons: Instagram, Piper Sandler, TikTok, Snapchat, , Adam Mosseri, Harry Stebbing's 20VC, Piper Sandler's, Meta Organizations: Service, Piper, Twitter, Facebook, Meta, DMs, Snapchat, Big Tech
Shares of Meta Platforms are hovering near record highs — but at least one Wall Street analyst is on edge heading into the social-media giants earnings report later this month. "[We] believe buyside expectations for a clean beat and raise quarter have minimal margin of error," Roth MKM wrote. Another reason: Roth MKM believes Temu and Shein are seeing declining importance in using Facebook and Instagram to acquire customers through ads. META YTD mountain Meta Platforms' stock performance so far in 2024. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Roth MKM, Roth, Shein, they've, Jim Cramer's, Jim Cramer, Jim, Porte, Julien De Rosa Organizations: Facebook, Temu, Meta, CNBC, Porte de, Afp, Getty Locations: Asia, Pacific, China, Temu, Europe, Paris
7-Eleven is closing more than 400 locations
  + stars: | 2024-10-11 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +2 min
New York CNN —Several hundred “underperforming” 7-Eleven locations across North America are closing, the convenience store announced. Seven & I Holdings, the chain’s Japan-based parent company, revealed in an earnings report Thursday that 444 locations of 7-Eleven are shutting down because of a variety of issues, including slowing sales, declining traffic, inflationary pressures and a decrease in cigarette purchases. A specific list of closing locations wasn’t immediately released. The chain has more than 13,000 stores across the United States, Canada and Mexico, so the number of closures amounts to 3% of its portfolio. Competitors like Wawa and Sheetz are earning higher customer satisfaction scores for their overall offerings, while 7-Eleven ranked way lower, according to a recent survey.
Persons: hasn’t, Neil Saunders, ” Saunders, it’s, Couche Organizations: New, New York CNN, Holdings, GlobalData, CNN, Locations: New York, North America, Japan, United States, Canada, Mexico, Wawa
China is expected to announce extra fiscal policy support on Saturday. The lack of consumer support in China's last stimulus package disappointed investors. According to a Bloomberg survey, most analysts expect authorities to pledge $283 billion of fiscal stimulus at Saturday's highly anticipated press conference. Chinese authorities followed up by announcing Saturday's press conference, which promised to introduce new measures centered on fiscal policy. Some analysts remain less sure about what fiscal stimulus will actually achieve on its own, pointing out that Beijing needs to pursue structural reforms to revive consumer confidence.
Persons: , Lan Fo'an, China's, Mark Williams, Stephen Roach, Arthur Kroeber, Gavekal Organizations: Bloomberg, Service, Finance, Analysts, CSI, Reform Commission, Capital Economics, Asia, Financial Times Locations: China, Beijing, Yale
In August, the Trump campaign spent about $15.5 million on television ads centered on immigration. In the face of this polling, though, Trump is betting on his gut, telling a Wisconsin crowd on Sunday, “I really don’t agree” that the economy will decide the election. And it’s the hardest problem to solve too.”On comfortable groundIllegal immigration is certainly comfortable terrain for Trump. We’re all intellectuals today,” Trump said in a mocking tone in August in Asheville, North Carolina, where he was supposed to speak about the economy. The images rapidly spread around social media, with Trump supporters claiming they depicted Venezuelan gangs taking over an apartment complex.
Persons: Donald Trump, Kamala Harris, Trump, SSRS, Trump’s, , ” Trump, , Still, – “, ‘ Sir, outpacing, Harris, ” “ Donald Trump, ” Harris, Aurora, Mike Coffman, Coffman, ” CNN’s David Wright, Caitlin Stephen Hu, Rafael Romo, Belisa Morillo Organizations: CNN, Trump, House, Office, , Gallup, Univision, tanking, Republican Locations: Aurora , Colorado, Aurora, West, Springfield , Ohio, Wisconsin, Mexico, Savannah , Georgia, Tucson , Arizona, Asheville , North Carolina, Prairie du Chien , Wisconsin, Venezuelan, Colorado,
Wells Fargo — Shares of the San Francisco-based lender rose 3%, helped by better-than-expected earnings. However, the bank's revenue of $20.37 billion came in below the $20.42 billion expected, and Wells experienced an 11% decline in net interest income. Tesla , Uber — Tesla shares tumbled 6.4% after its event for the robotaxi, a self-driving cab concept, left investors feeling underwhelmed. Affirm , Flywire — Affirm shares popped 3.1% after Wells Fargo upgraded the buy-now-pay-later stock to overweight from equal weight. Elsewhere in the digital payments space, Wells Fargo downgraded Flywire to equal weight from overweight, sending shares down 2.7%.
Persons: Wells, JPMorgan Chase, Tesla, underwhelmed, Carlos Tavares, Flywire, Mobileye, Morgan Stanley, Kinder Morgan, Ferrari, Lisa Kailai Han, Jesse Pound, Michelle Fox, Yun Li, Sean Conlon Organizations: LSEG, JPMorgan, Revenue, Bank of America, BlackRock, Mizuho, Bank of Locations: San Francisco, Wells, Flywire, Atlassian, China
Wells Fargo on Friday reported third-quarter earnings that exceeded Wall Street expectations, causing its shares to rise. The better-than-expected earnings came even with a sizeable decline in net interest income, a key measure of what a bank makes on lending. "Our revenue sources are more diverse and fee-based revenue grew 16% during the first nine months of the year, largely offsetting net interest income headwinds." Wells saw net income fall to $5.11 billion, or $1.42 per share, in the third quarter, from $5.77 billion, or $1.48 per share, during the same quarter a year ago. The net income includes $447 million, or 10 cents a share, in losses on debt securities, the company said.
Persons: Wells, Charles Scharf Organizations: LSEG Locations: Wells Fargo, San Francisco
Luxury hotels are offering guests longevity packages that can cost tens of thousands of dollars. AdvertisementFrom offering guests IV drips for hangovers to personalized nutrition programs and full-body MRIs, luxury hotels are upping their wellness game — and wealthy Americans are ready for it. "It's astounding the speed in which a new focus on longevity is rewriting the wellness market," she said. AdvertisementThe global wellness market — which encompasses beauty, healthy eating, spas, wellness tourism, personalized medicine, and more — was valued at $5.6 trillion in 2022, up from $3.4 trillion in 2013, according to the Global Wellness Institute. Luxury hotels want to cash in on the longevity trendBlink and you'll miss an announcement for a new longevity-themed program.
Persons: , Bryan Johnson, Beth McGroarty, Mark Hyman, Tony Robbins, Sam Nazarian, Robbins, Nazarian, COVID Organizations: Service, Global Wellness Institute, Consulting, Clinique, Next, Bloomberg, Times Locations: Clinique La, Swiss, Dubai, St Kitts, sbe, London
"Business Light" fares are cheaper but can lack perks like lounge access or early seat selection. In recent years, international airlines such as Air France, KLM, Emirates, Finnair, and Qatar Airways have launched discounted "Business Light" tickets. AdvertisementFor airlines, the business light strategy can help further stoke demand to fill the front of the plane and generate additional revenue. Those traveling on a Finnair Business Light ticket will also have to pay extra for checked luggage. AdvertisementScreenshot of Emirates' various business class fares on a one-way flight from New York to Dubai in February.
Persons: , Glen Hauenstein, Henry Harteveldt, Harteveldt Organizations: Service, Air France, KLM, Qatar Airways, Delta Air Lines, Delta, Qatar Airways's, Emirates Locations: Delta, Emirates, Qatar, New York, Dubai
Ahead of the latest monthly inflation reading, consumers are still coming to terms with the sticker shock of everyday goods and services prices — and lingering uncertainty about the economy. The pace of consumer price growth was expected to have remained largely unchanged in September, according to Dow Jones estimates. Harris has narrowed the gap in some surveys about which presidential candidate would be better on economic issues, but Trump still leads on that metric. Analysts generally agree that’s a sign the economy remains on solid footing, at least according to the data. Today’s inflation numbers could cause Wall Street to pare back expectations of an interest-rate cut at the Federal Reserve’s next meeting in November.
Persons: Dow Jones, Donald Trump, Kamala Harris, Biden, Trump, Harris, , , Bill Dunkelberg Organizations: Democratic, University of Michigan Consumer Survey, Biden, AAA, Federal, National Federation of Independent Locations: November’s, pare
Additional disruptions from Hurricane Milton complicate the data collection for October's jobs report. To stimulate hiring, the Federal Reserve began cutting interest rates in September, and the jobs report will strongly inform its path forward. "I wouldn't expect these events to materially change how Americans view the economy before the election," DeAntonio said. For example, it noted in its release last week Hurricane Francine, which hit Louisiana in early September, "had no discernible effect" on the employment data it collected. Any effects from the hurricanes could lead to an October jobs report that shows a more pessimistic view of the economy than underlying conditions would suggest.
Persons: Helene, Milton, , Hurricane, Hurricane Helene, Hurricane Milton, Dante DeAntonio, Kamala Harris, Joe Biden, Daniel Zhao, DeAntonio, Francine, Guy Berger Organizations: Service, Hurricanes, Southern, Labor Department, Federal Reserve, University of Michigan's, Department, Labor, of Labor, Labor Statistics, Boeing, Bureau of Labor Statistics, Employees, Glass Institute Locations: Florida, North Carolina, Hurricane, Louisiana
CNN —Hurricane Milton slammed into Florida’s Gulf Coast on Wednesday night, making landfall as a powerful Category 3 storm. The intense hurricane spawned tornadoes, dumped rain across much of the state, left millions without power and claimed at least 12 lives, including five people in St. Lucie County. Milton is the third hurricane to hit Florida this year — which has only happened during five other hurricane seasons since 1871. Many areas in Florida are also recovering from the aftermath of a Milton-spurred torrent “supercharged” tornadoes, according to National Hurricane Center Director Michael Brennan. Milton was the fifth hurricane to make landfall in the United States this year, joining Category 1 Beryl, Category 1 Debby, Category 2 Francine and Category 4 Helene.
Persons: Hurricane Milton, Lucie County, Helene, Deanne Criswell, Michael Brennan, “ We’ve, Lucie Mayor Shannon Martin, CNN’s Jim Acosta, , I’ve, Hurricane Irma, Milton, Beryl, Debby, Francine Organizations: CNN, Hurricane, NASA, Climate, FEMA, National Hurricane Center, National Weather Services Locations: Coast, St, Lucie, Siesta, Milton, Florida, Gulf, Mexico, St . Petersburg, Hillsborough, Lucie County, Port St, Tampa Bay , Melbourne, Miami, Hurricane, Hardee, Highlands, Tampa, Petersburg, Sarasota, United States
In addition to the “unprecedented spike in threats” that Mr. Garland cited, there is other worrisome evidence suggesting the possibility of violence. At the Chicago Project on Security and Threats, a research institute that I run at the University of Chicago, we have been conducting quarterly national surveys of Americans’ attitudes toward political violence since the summer of 2021. In our most recent survey, conducted from Sept. 12 through Sept. 16, we found disturbingly high levels of support for political violence. And in this area, public attitudes can become reality: Historically, the higher the level of support for political violence, the more likely actual political violence is. If you’re wondering what “use of force” means to our respondents, for more than half of them it means serious violence.
Persons: Garland, Donald Trump, , Trump Organizations: Chicago Project, Security, University of Chicago, Mr, Trump
Airports are looking to private wireless networks to improve operations, execs said at MWC Las Vegas. Private wireless networks are key to ushering in a better airport experience for both the travel hubs' operations and the billions of passengers who pass through them. Private networks generally offer greater security and reliability, lower latency, and higher bandwidth compared with public networks. "As I think about a future with a lot of growth, private wireless is foundational. Private wireless networks can also help enterprises with cost and mobility by reducing the expense of installing cables and by providing connectivity to areas that might be harder to reach with wires.
Persons: execs, , Charles Miwa, Michael Youngs, We're, Kyle Mobley, Mobley, that's, SITA, I'm, Youngs, That's Organizations: MWC Las Vegas, Service, Mobile, Congress, Vegas, International Airport, Dallas Fort Worth International, Private, Port, San, San Francisco Bay, International, Airports Locations: Vegas ., Port of Oakland, San Francisco
The S & P 500 hit new highs on Wednesday, but there's more to the story that investors need to be mindful of. A lack of breadth by this measure indicates the S & P 500 is susceptible to a correction, he said. .SPX YTD mountain The S & P 500, year to date Still, Wednesday's return to all-time highs marks a positive development amid what has been a choppy trading month. With the latest moves, the S & P 500 is now tracking to end 2024 higher by more than 21%. The average year-end price target for the S & P 500 implies the index will decline around 3% from where it closed Wednesday, according to CNBC Pro's subscriber-exclusive survey.
Persons: Chris Verrone, Verrone, Wednesday's Organizations: Investment, CNBC
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