Economist Mohamed El-Erian is shedding light on the dislocation in the financial markets, drawing sharp contrasts between a booming tech sector and a weakening sovereign backdrop.
The S&P 500 is hitting record highs, but most stocks remain underwater, revealing the narrowest market breadth since 2003 and signaling a possible shift.
Analysts have noted that over recent months, Dollar General's low-cost products, which are also essential household items, have proven to be the company's selling point amid economic uncertainty.
The Vanguard S&P 500 ETF ended its 30The Vanguard S&P 500 ETF ended its 30-month inflow streak in June with $5.69 billion in outflows, signaling growing investor caution despite record market highs
The company slashed its full-year earnings forecast to a range of $12.50 to $17.50. The company had earlier expected to earn between $17 and $20 per share.
