As the U.S. economy begins to emerge from the sharp slowdown during the coronavirus pandemic, some fund managers have been drawn to value stocks, a sector that underperformed during the recent rally.
FILE PHOTO: Pedestrians walk past the New York Stock Exchange as the building opens for the first time since March while the outbreak of the coronavirus disease continues in the Manhattan borough of New York, U.S., May 26, 2020. REUTERS/Lucas Jackson
Yet better-than-expected readings on U.S. employment and other indicators have money managers thinking about lightening up on the stocks driving the rally in favor of sectors such as financials and energy. A sustained bounce in these economically sensitive areas could be an encouraging signal for the nascent recovery, investors said.
Phil Orlando, chief equity market strategist at Federated Hermes, has been shifting away from technology and healthcare stocks and into financial and energy companies. Technology stocks in the S&P 500 are up nearly 30% since the start of April, while finanical stocks are up 20%. “We’ve always said that what started with the virus will end with the virus,” said Katie Nixon, chief investment officer at Northern Trust Wealth Management.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Wall St Week Ahead: Investors bet bounce in value stocks will stickAs the U.S. economy begins to emerge from the sharp slowdown during the coronavirus pandemic, some fund managers have been drawn to value stocks, a sector that underperformed during the recent rally.
続きを読む »
Wall Street ends higher but indexes mark worst week since March selloffU.S. stocks ended higher on Friday as bargain hunters stepped back into the market following sharp losses a day earlier, but all three major indexes suffered their biggest weekly percentage declines since March.
続きを読む »
Stock futures are flat as Wall Street tries to recover from its worst day since MarchU.S. stock futures rose on Thursday night after growing worries of a resurgence in coronavirus cases sent equity prices plunging.
続きを読む »
Stocks fall sharply on Wall Street as investors turn jitteryStocks open sharply lower on Wall Street as investors turn jittery once again in the face of rising numbers of coronavirus infections.
続きを読む »
Stocks open lower on Wall Street as investors turn jitteryStocks are opening sharply lower on Wall Street as investors turn jittery once again in the face of rising numbers of coronavirus infections in many U.S. states and countries. The S&P 500 was down...
続きを読む »
Stocks open lower on Wall Street as investors turn jitteryStocks are opening sharply lower on Wall Street as investors turn jittery once again in the face of rising numbers of coronavirus infections in many U.S. states and countries
続きを読む »