Reported about 11 hours ago
Michael Sheldon discusses the current stock market trends following the launch of DeepSeek, highlighting that despite recent upheavals, the S&P 500 continues to show positive momentum. Historically, significant gains during the pre-inauguration period correlate with strong yearly returns. The sectors with the best performance included Consumer Discretionary and Communication Services, with leading companies identified for potential growth in 2025, including Electronic Arts and MGM Resorts. Overall, the forecast for corporate profits in all sectors remains positive.
Source: YAHOO