Investopedia – Hank Smith, Director and Head of Investment Strategy at Haverford Trust, was quoted in an Investopedia article covering Monday’s market rebound, where major indexes rose as chip stocks recovered and geopolitical tensions showed signs of easing.
“We continue to think this is a healthy correction within a bull market, not the beginning of a broader downturn. Strong earnings, improving manufacturing and the fact that we’re still in the early innings of AI all keep us constructive.”
You can access the full article here: Stock Market Today: Indexes Rebound After Plunging Friday; Oil Pares Gains After Trump Says Israel, Iran ‘Looking to Do an Immediate Ceasefire’
Media Inquiries
Veronica McKee, CMP
Direct Phone: 610.995.8758
Email: vmckee@haverfordquality.com
Katie Karsh
Direct Phone: 610.755.8682
Email: katie@gobraithwaite.com
Disclosure
These comments are provided as a general market overview and should not be relied upon as a forecast, research or investment advice, and is not a recommendation, offer, or solicitation to buy or sell any securities or to adopt any investment strategy. Opinions expressed are as of the date noted and may change at any time. The information and opinions are derived from proprietary and non-proprietary sources deemed by Haverford to be reliable, but are not necessarily all-inclusive and are not guaranteed as to accuracy. Index returns are presented for informational purposes only. Indices are unmanaged, do not incur fees or expenses, and cannot be invested in directly.
Investments in Securities are Not FDIC Insured · Not Bank Guaranteed · May Lose Value

