Previous close | 5,117.09 |
Open | 5,154.77 |
Volume |
Day's range | 5,145.47 - 5,175.60 |
52-week range | 3,909.16 - 5,189.26 |
Avg. volume | 4,018,998,500 |
Housing costs remain elevated in the US and the path to fixing them does not run through the Fed. At least in the view of Jerome Powell.
Super Micro (SMCI) and Deckers Outdoor (DECK) made their debut on the S&P 500 (^GSPC) on Monday. While Deckers Outdoor has remained steady throughout the day, Super Micro has dipped over 7% since the market opened, in contrast with other AI tech stocks in the green heading into the Nvidia (NVDA) GTC event. Yahoo Finance Anchors Madison Mills and Josh Lipton provide context for Super Micro's opening stall. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
Is a bubble forming around the stock market (^DJI, ^IXIC, ^GSPC)? And if so, is it about to burst? B. Riley Wealth Management Chief Investment Strategist Paul Dietrich sits down with Yahoo Finance to discuss whether certain sectors of the market are becoming overvalued and if the equity market is edging closer to correction territory. "I'm sure that every analyst... is looking at all the different valuation methodologies, and they've got to come to the same conclusion because there's no ambiguity here," Dietrich says about the probability of a market bubble. "It is bizarrely overvalued in most of these things. And so, you're seeing the smart money right now moving massive amounts into cash." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.