No bull: More than two-thirds of the S&P 500's individual stocks are now either in a "correction" or a bear market. More than 350 companies out of the 500 tracked by the S&P 500 index have lost more than 10 percent of their value since hitting their 52-week highs, according to a recent analysis from Reuters. Within that group around 180 stocks are now in bear market territory, with their shares having lost more than 20 percent of their value since hitting their 52-week high. A bear market is one where stock prices decline at least 20 percent from their recent peak. A correction is when shares drop at least 10 percent from their recent highs. Shares on Thursday opened higher, regaining some of the ground lost earlier this week. For some investors, the slump in S&P 500 companies' shares is a bright red flag. Their chief concern is that U.S. and global economic growth has hit its high-water mark for the current business cycle and is already starting to … [Read more...] about The hidden bear market: Most S&P 500 stocks are in “correction”
List of s p 500 companies
This year was touted as the year of women in politics in the United States, but in the business world, female bosses remain few and far between. And some warn the situation is unlikely to improve with men unwilling to play the role of mentor to younger female colleagues in the era of the #MeToo movement, which has heightened awareness of sexual abuse and inappropriate behavior in the workplace. The departure in September of India's Indra Nooyi as head of PepsiCo after more than a decade in the job has only reinforced a trend that has been growing for the past two years: the decline in the number of women CEOs even as debate about the need for equality in the workplace rages, and amid increasing calls for women to break through the "glass ceiling." Recently, a number of prominent women have left their posts as company heads, including Denise Morrison of Campbell Soup, Margo Georgiadis of Mattel, Sherilyn McCoy of Avon, Meg Whitman of Hewlett-Packard, Ursula Burns of Xerox, and Ellen … [Read more...] about Despite talk of equality, women bosses still rare in the US
Dan Caplinger The Motley Fool Published 10:00 p.m. UTC Sep 1, 2018 The S&P 500 (SNPINDEX: ^GSPC) made news last month when it closed at an all-time high of 2,874.69. By doing so, the broad-based market benchmark set its first record since late January. It closed Friday at 2,901.52. Yet the S&P 500 is just one measure of the stock market. There are dozens of other gauges of market performance, and the different benchmarks that they track include different stocks that share common characteristics like size, industry, or geography. When you look more closely at some of these other indexes, you can see that some parts of the market have pushed sharply higher throughout the past seven months, while others have gotten left behind. On one hand, the Nasdaq Composite (NASDAQINDEX: ^IXIC) — up 8 percent — and the Russell 2000 (RUSSELLINDICES: ^RUT) — up 8.3 percent — have both seen extremely strong performance since January 26. For the … [Read more...] about S&P 500’s record high not even strongest market index showing in 2018: A Foolish Take
The top-rated corporate chief executive may be the epitome of the American dream: An immigrant who moved to the U.S. hoping to make it big. Eric Yuan, CEO of Zoom Video, is ranked No. 1 on Glassdoor's annual list of best-rated CEOs, a report that's based on approval ratings from employee reviews. Yuan is the first person of color to lead this list, Glassdoor said. The ranking may also be significant for coming at a time when immigration is increasingly under fire from President Donald Trump, whose administration is taking a harder line on legal immigrants by, among many other things, scrutinizing and limiting some visas. Yuan said he applied for a U.S. visa nine times over two years before he was awarded one in the 1990s. "When I came to America, I did not even speak English, but I knew I could write software code," he said in a Glassdoor interview. "I knew I had to work hard, so I did. Also, I'm very paranoid. I say to myself, 'I have to work harder.' Working … [Read more...] about The top-rated CEO in the U.S. is a Chinese immigrant
Trade tensions. Margin pressure from rising freight and labor costs. A deceleration in global economic activity.There are plenty of concerns, both at home and abroad, that’ll be causing Corporate America angst as earnings season heats up. But the surge in short-term interest rates isn’t one of them, says Canaccord Genuity strategist Brian Reynolds.Reynolds says “only a random handful” of S&P 500 companies will be adversely affected by 2018’s more than 60 basis point rise in Libor, a gauge of banks’ borrowing costs to which trillions in loans are pegged. That’s because they’re much less exposed to such borrowing than they used to be, having used a low-interest-rate environment to extend average maturities through bond issuance more than floating credit facilities.Before the dot-com and housing bubbles burst, short-term debt accounted for roughly half of public credit outstanding, according to Reynolds."Now, this number is down to 14 … [Read more...] about Libor’s Gains Won’t Hinder the Bull Market. They May Even Help.