Stock market valuations have gotten more expensive because earnings have fallen, which may bring volatility if the recovery disappoints.
Market Research updates from LPL Financial
Stocks rose for the seventh May in the past eight years.
LPL Research discusses whether the economic recovery may look more like a V-shape than a U, a square root, checkmark, or swoosh.
The stock market is forward-looking, and what it’s seeing now provides hope for better things to come.
The rally continued as the S & P 500 Index closed out May on the positive side.
First quarter earnings season offered something for everyone.
In spite of COVID-19 and weak economic data, the S & P 500 Index has rallied, and there are signs of improvement as the economy begins to reopen.
Stocks may have been due for a pullback after gains in late March through April and could potentially have further to fall.
Stocks have had a historic run amid increasingly negative headlines.
As May began, investors continued to try to reconcile the strong rebound in stocks with the devastating economic damage from COVID-19.