News Forum

Health stocks boost Wall Street; energy a drag

 
 



Go Back   News Forum > General Discussion Forums > Business
Business Forum Health stocks boost Wall Street; energy a drag at News Forum - Analysts said the post-U.S. election rally may be losing momentum, wit the S&P 500 now up roughly 8 percent for ...

Reply
 
LinkBack Thread Tools Display Modes
Old 11-29-2016, 06:20 PM   #1
Senior Member
 
NF Reporter's Avatar
 
Join Date: Nov 2006
Posts: 68,294
Default Health stocks boost Wall Street; energy a drag

Analysts said the post-U.S. election rally may be losing momentum, wit the S&P 500 now up roughly 8 percent for the year to date. Wall Street has risen sharply following Donald Trump's White House win, helped in part by investor expectations that his plans to increase infrastructure spending, cut corporate taxes and reduce regulation will boost the economy. "The Trump rally seems to have stalled out to some extent, and I think it's stalled because we're starting to run into valuation concerns," said Hugh Johnson, chief investment officer of Hugh Johnson Advisors LLC in Albany, New York.




Health stocks boost Wall Street; energy a drag
NF Reporter is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Wall Street rises on gains in financial, energy stocks NF Reporter Business 0 09-19-2016 11:08 AM
Wall Street rallies as higher oil boosts energy stocks NF Reporter Business 0 05-25-2016 09:24 AM
Wall Street weighed down by energy, materials stocks NF Reporter Business 1 01-25-2016 04:37 PM
Wall Street reverses course to trade lower as health stocks drag NF Reporter Business 0 04-27-2015 01:05 PM
Tech and defensive stocks boost Wall Street NF Reporter Business 1 05-21-2009 11:46 PM


All times are GMT -5. The time now is 02:12 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2018, vBulletin Solutions, Inc.

SEO by vBSEO 3.2.0 ©2008, Crawlability, Inc.