Wall Street is close to setting record highs, even
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The stock market posted back-to-back gains of over 20% in 2023 and 2024, and still has a small chance at doing it again this year.
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Just a few weeks ago, the stock market stumbled over fears that artificial intelligence stocks might be in a bubble. Now stocks are back within reach of a record high.
The U.S. stock market is having a terrific year. The benchmark S&P 500 ( ^GSPC +0.67%) is up 16% in 2025 despite economic uncertainty created by President Trump's tariffs. But there could be trouble on the horizon.
The S&P 493 has a lot of catching up to do, and 2026 could be key turning point.
Shah said the market is now trading at a premium to global peers and close to its long-term average valuations. This makes further rerating difficult.
All the sectoral indices are trading in the green. Kaynes Tech, Hindustan Copper, Hindustan Zinc, L&T and Vedanta are most active shares on the NSE. BSE Midcap and smallcap indices rises 0.5% each.
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Friday essay: experts are predicting a stock market crash – what does 1929 have to teach us?
Andrew Ross Sorkin’s book, 1929, takes us inside the Wall Street crash that led to the Depression. It asks: does history repeat itself? And what can we learn from it?
Recommended seven intraday stocks for today are: Jamna Auto, GVT&D, Grasim, Union Bank, Marico, Adani Green and Mahindra and Mahindra.