U.S. stocks advanced across the board by midday Friday, with the S&P 500 eyeing its ninth consecutive day of gains—poised for the longest winning streak since May 2024.
The event, often dubbed “Woodstock for Capitalists,” marks Buffett’s 60th year leading the conglomerate and the second meeting without long-time partner Charlie Munger, who passed away in late 2023..
Bank of America shares are trading lower by 2.2% during Monday's session. The stock is lower Monday amid overall market weakness. The company last week reported first-quarter fiscal 2025 results.
A sector-based ETF portfolio provides an effective way to navigate these market rhythms, allowing investors to position their assets for potential outperformance.
Defensive sectors offer stability during market downturns because they produce essential goods and services that remain in demand regardless of economic conditions.
