With The S&P 500 Up 7.2% In 3Q18, What's Driving Stocks?
As the third quarter of 2018 closed, the Standard Poor's 500 stock index — a barometer of the U.S. economy — closed the quarter at 2913.98 on Friday, as the unusually strong and long economic expansion powered stock prices to within 1% of its recently reached record high.
The S&P 500 rose 7.2% last quarter. It was the best quarter since the end of 2013, and the index was up about 9% since the start of the year.
Amid abnormal political polarization in the U.S., a crisis of trust in internet security, and nationalism rising worldwide while globalism was under attack, the bull market and economic boom recently turned nine years-old — the longest in U.S. history — raising worries about risk. What's driving stocks?
- Confirming Recovery Is Under Way
- Despite Grim Headlines, Stocks Rose Sharply -- Why?
- The Paradigm Shift In Valuing Stocks
- Retail Sales And Housing Starts In June Reveal Recovery's Shape
- Keeping Perspective In An Unreal Environment
- Economic Fundamentals Recovering As Stocks Surged For the Week
- Stocks Swing Wildly As Economic Recovery Begins
- Dog Days Of Summer In The Economy
- V-Shaped But Full Recovery Is Long Off
- Covid-19 Causes A Good Surprise
- The Epidemic Sets The Economy Back About Two Years
- Is This A New Bull Market?
- The Pandemic And Stocks
- Despite Disastrous Jobs Report, Stocks Surged 1.6% Friday
- Amid The Crisis In The Economy, Two Good Anomalies
- Financial Economics With The Epidemic's End In Sight
- The Beginning Of The End?
- An 11.4% One-Week Gain In Stocks
- What Investors Should Expect And A Business Owner Alert
- Is the Coronavirus Bear Market Over?
- What's An Investor To Think Now?
- Will Covid-19 Crisis Be Short-Lived?
- Despite Covid-19, Signals Of Economic Health Continue
- Covid-19: Facts And Perspective For Investors