Hetts: Ignore PEs, Watch Earnings
AI stocks may be stealing the spotlight, but Janus Henderson's Adam Hetts says investors are missing the bigger story. He joined Bloomberg Open Interest to explain why earnings, and not valuations,...
Financial news that explains what it means for YOUR wallet. Not Wall Street jargon. Real impact on your 401(k), mortgage, and job.
U.S. equity markets closed higher Thursday, June 25, 2026, with the S&P 500 advancing 0.26% to 4892.35. The Dow Jones Industrial Average added 0.23%, while the technology-heavy NASDAQ 100 lost 0.14%. Market breadth was positive with small-caps outperforming large-caps. The Russell 2000 rose 0.29%, suggesting improved risk appetite. In other asset classes, gold declined 0.40%. Treasury bonds fell as yields moved higher. In the headlines, investors focused on hetts: ignore pes, watch earnings. --- *After-hours trading. Prices may differ from regular session close.*
“As sure as the spring will follow the winter, prosperity and economic growth will follow recession.”— Robert Foster Bennett
U.S. equity markets closed higher Thursday, June 25, 2026, with the S&P 500 advancing 0.26% to 4892.35. The Dow Jones Industrial Average added 0.23%, while the technology-heavy NASDAQ 100 lost 0.14%. Market breadth was positive with small-caps outperforming large-caps. The Russell 2000 rose 0.29%, suggesting improved risk appetite. In other asset classes, gold declined 0.40%. Treasury bonds fell as yields moved higher. In the headlines, investors focused on hetts: ignore pes, watch earnings. --- *After-hours trading. Prices may differ from regular session close.*
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