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Wednesday, May 1, 2024

Money Alert: Stock Market check in

Credit: KDRV
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Money Alert: Stock Market check in
Money Alert: Stock Market check in
A look at the current impacts to the economy

Stronger-than-expected rebound in consumer spending last month.

Plus -- the stock market is doing well.

Joining us now is ralph cole -- a certified financial analyst and director of equity strategy and portfolio management with ferguson wellman.

Thanks for being with us tonight.

.

--the stock market hit a new all-time high on the market.

Why did that happen?

--the biggest five stocks in the s&p have never been larger facebook, amazon, apple, microsoft and google ranging in size from $800 billion to $2.1 trillion.

Are they so big that they can weather any downturn, or does it mean smaller companies are that much more vulnerable?

--we've seen increased ordering of durable goods, meaning factories are ramping up production.

What might this mean for the economy moving forward?

--the republication convention ended last night.

Have you seen any bump in the market this week that may be related?

May be this week that in the market seen any bump night.

Have you ended last convention republication --the forward?

Moving the economy this mean for what might production.

Ramping up factories are meaning goods, durable ordering of increased --we've seen vulnerable?

More that much companies are smaller does it mean downturn, or weather any that they can they so big trillion.

Are billion to $2.1 from $800 ranging in size google microsoft and amazon, apple, facebook, been larger s&p have never stocks in the biggest five --the happen?

Did that marketw gh on the new all-time market hit a the stock .night.i with us than.

With

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