Market Extra: Why the stock market can’t break through the 4,200 ceiling on the S&P 500

May 2, 2023

With a few exceptions, 4,200 on the S&P 500 has proven to be a nearly impenetrable barrier for U.S. stocks over the past year.

Seemingly like clockwork, the large-cap U.S. equity benchmark on Tuesday was retreating from that level once again as stocks suffered a steep daily fall. The S&P 500 SPX was down around 48 points, or 1.2%, near 4,120 in late afternoon trade, after hitting an intraday high around 4,186 on Monday.

Earlier,…

Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

Watch now…