The Nasdaq is lagging, down about 1.6% as we wait for Nvidia earnings. Chipmakers are near the bottom of the charts as they will trade in-line with NVDA tomorrow but Starbucks, Netflix and Tesla are also notable laggards. One that's worth highlighting in Costco, which hit an all-time high yesterday but is down nearly 3% today.I don't love the look at that chart and the company is trading at 50x earnings in a sign of some of the frothiness that's out there.The consensus earnings growth for the S&P 500 is 16% by year end 2025 to go along with 3% H2 growth and solid GDP in 2025. There is a lot that can go wrong with that considering stocks are already priced at 21x earnings.The case for higher
Hence then, the article about us stocks continue to struggle as the waiting game continues was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( US stocks continue to struggle as the waiting game continues )