Is the market out of bear territory? It's complicated. [CBS News]
LPL Financial Holdings Inc. (LPLA)
Last lpl financial holdings inc. earnings: 4/30 04:05 pm
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Source: CBS News
So does that mean the dismal year for stocks is over? Not quite, experts say. Even though the Dow bounced out its downturn on Wednesday, the tech-heavy Nasdaq index remains in bear territory, as does the broad-based S&P 500 Index — a designation that means stocks have slumped at least 20% from their most recent high. While bear markets have been fairly common, the most recent slump has proved to be unnerving for many investors who are also grappling with the highest inflation in 40 years — an economic trend that is also eating away at the value of their investments. "The Dow exiting a bear market is an important step in the market recovery but it's only a step," said Barry Gilbert, asset allocation strategist for LPL Financial, in an email to CBS MoneyWatch. The Dow is a "quirky index" comprised of 30 publicly traded stocks that have a so-called value tilt, meaning they are stocks that trade at lower prices than their fundamentals would suggest, Gilbert noted. That indicates
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LPLA
Earnings
- 2/1/24 - Beat
LPLA
Sec Filings
- 3/28/24 - Form DEFA14A
- 3/28/24 - Form ARS
- 3/28/24 - Form DEF
- LPLA's page on the SEC website