Nasdaq, S&P, Dow trade sideways as Wall Street rally takes a beat at end of massive Q1 [Seeking Alpha]
Estee Lauder Companies, Inc. (The) (EL)
Last estee lauder companies, inc. (the) earnings: 5/1 06:45 am
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Source: Seeking Alpha
SP500 ) index was headed for its best first quarter performance since 2019. The S&P ( SP500 ) was last up 0.07% to 5,251.97 points in mid-day trade, having closed at a new record high in the previous session. The blue-chip Dow ( ) was higher by 0.07% to 39,786.48 points, while the Nasdaq Composite ( slipped 0.12% to 16,379.66 points. Of the 11 S&P sectors, eight were in the green. For Q1 2024, the S&P 500 ( SP500 ) was set for an advance of about 10%. The rally has seen the benchmark gauge achieve several historic milestones, including surging past 5,000 points for the first time ever on February 8, the 5,100 mark on February 23 and the 5,200 level last Wednesday. The bull run has been driven by interest rate cut expectations, soft landing hopes and a relentless rise in megacap technology stocks. "If the S&P 500 ( SP500 ) finishes higher today it will be the second straight quarter of double-digit percentage gains. That hasn't happened in 12 years," Bespoke Investment Group n
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EL
News
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EL
Earnings
- 2/5/24 - Beat
EL
Sec Filings
- 4/22/24 - Form 4
- 3/18/24 - Form 4
- 3/18/24 - Form 4
- EL's page on the SEC website