The Nuveen Core Equity Alpha Fund (JCE) is experiencing upward momentum as investors anticipate a potential Santa Claus rally, a phenomenon where stocks typically rise during the last five trading days of the year and the first two of the new year. This optimism is fueled by the recent performance of the tech sector, which has been a significant driver of market gains. On December 23, 2024, the S&P 500 rose
Uncertainty surrounding U.S. interest rates and potential tariffs has dampened investor sentiment, impacting the sectors tracked by the Nuveen Core Equity Alpha Fund. European equities, which often influence global market trends, dipped as the Stoxx Europe 600 Index slipped by 0.1% early on December 23, 2024. This decline was driven by concerns over the Federal Reserve's policy direction and the outlook for
The Nuveen Core Equity Alpha Fund (JCE) is experiencing upward momentum, driven by a confluence of factors impacting the broader equity markets. A significant catalyst is the ongoing rally in U.S. equities, with the S&P 500 showing a remarkable 27% gain over 2024, as reported on December 23. This surge is largely attributed to the anticipation of further rate cuts by the Federal Reserve, which began in Sept
The Nuveen Core Equity Alpha Fund (JCE) is experiencing downward pressure due to several factors impacting its underlying assets. A significant contributor is the recent strength of the U.S. dollar, which has surged following the Federal Open Market Committee (FOMC) meeting on December 18, 2024. This appreciation in the dollar is affecting the revenue of S&P 500 companies, particularly those with substantia