Will S&P 500 Open Up Or Down On May 14?

Written By Michael Gary Scott

The S&P 500 climbed to another record high on Wednesday as investors piled back into semiconductor and artificial intelligence-linked stocks, brushing aside another hotter-than-expected inflation reading.

The benchmark index rose 0.58% to close at 7,444.25, while the May 14 Polymarket contract implied a 77% probability of the S&P 500 opening higher on Thursday.

Why That Number Matters

Markets continued to digest April’s producer price index report, which showed wholesale inflation rising 1.4% on the month — the largest monthly increase since March 2022 and well above economist expectations for a 0.5% gain.

The inflation data added to concerns that elevated energy prices linked to the Iran war could keep price pressures higher for longer.

At the same time, investors are watching developments from President Donald Trump‘s visit to China, where tech titans, including Tesla (NASDAQ:TSLA) CEO Elon Musk and Nvidia <a class=”ticker-link” data-ticker=”NVDA” …

Full story available on Benzinga.com

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As the market continues its wild ride, shrewd investors are seeking solace and security in stable growth stocks. Let's delve into two enticing options for long-term investment.

The Unstoppable Force: PayPal Holdings

Amid the dissent and discord of market volatility, emerges the stalwart presence of PayPal Holdings (NASDAQ: PYPL). Evolving from the rubble of uncertainties, PayPal stands tall as a beacon of reliability in the fintech sector.

Detractors may wag their fingers at looming threats of increased competition, casting shadows of doubt on PayPal's future profitability. Yet, the essence of PayPal's unwavering dominance remains unscathed by transient challenges.

With the digital payment realm poised for exponential growth, PayPal's trajectory mirrors a comet streaking across the financial galaxy. The stars align as key performance indicators soar, painting a picturesque narrative of sustained success and resolute expansion.

Amidst a sea of naysayers, PayPal's robust capital-return strategy unfurls like a majestic banner, heralding a bright future. Savvy investors nod approvingly at the strategic buybacks, a silent dance of value creation unfolding.

A tantalizing value proposition emerges with PayPal's forward P/E ratio, a modest 13 signaling an auspicious juncture for eager investors.

The Dragon's Roar: Alibaba

For the daring souls seeking a blend of growth and value, Alibaba (NYSE: BABA) beckons from the mystical lands of China. A behemoth in the e-commerce realm, Alibaba's sheer presence commands respect and admiration.

While whispers of caution surround Chinese investments, Alibaba's resilience under the scrutinizing gaze of governmental oversight stands as a testament to fortitude. The sporadic shadows cast by COVID-19's wrath pale in comparison to Alibaba's steadfast dedication to progress.

Embodied in Taobao and Tmall, Alibaba's prowess reigns supreme in China's buzzing online retail arena. A beholder of over half of China's online retail crown, Alibaba's dominance remains unchallenged, casting ripples of envy across its competitors.

With rumblings of a resurgence in China's consumer economy, Alibaba's march towards growth reverberates through the corridors of the financial world. A phoenix rising from the ashes, Alibaba's tale of triumph amidst turmoil captures the essence of resilience and resurgence.

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