Earnings continue to come in above market expectations. Takeover speculation is also fueling demand, so the market just continues to rise. |
Investors are buying the shares that have performed the best this year. It's a typical year-end rally. |
Investors want to show they're in the best positions in their end-of-year fund reports. |
Selling the drug unit is going to focus the company. The earnings were also better than expected. It is a good day for investors. |
Sentiment is very good. We're seeing a last run as investors buy up shares that have done well during the year. |
Stocks are very sensitive to the risk of interest rates rising further. Financial institutions are especially vulnerable. |
Stocks are very sensitive to the risk of interest rates rising further. Higher borrowing costs can affect the ability of companies to expand and for consumers to spend. |
The earnings evolution is definitely slowing in Europe. Combined with rising interest rates and an excellent performance over the last few months, we can expect the market to take a pause. |
We are now seeing a clear improvement in the European economy, and that should pave the way for stocks. Growth should have a nice effect on earnings this year. |