Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

On the eve of the Federal Reserve interest rate meeting, the...

On the eve of the Federal Reserve interest rate meeting, the S&P 500 reached another record high, the 18th closing high this year. It has soared more than 8% so...
On the eve of the Federal Reserve interest rate meeting, the S&P 500 reached another record high, the 18th closing high this year. It has soared more than 8% so far this year, outperforming the NASDAQ index and the Dow Jones Industrial Average.
Wall Street strategists are getting more and more optimistic $ S&P 500 INDEX (.SPX.US) $As the index repeatedly climbed to new highs, many raised their year-end targets. Goldman Sachs's John Frode commented that institutional investors are expanding their focus from simple tech giants to more opportunities, which indicates a “very healthy” improvement in market breadth. Flood predicts that the S&P 500 may break through the 5500 key level in the second quarter of this year and continue to rise as the market trajectory “expands”.
The rise in the S&P 500 was not only driven by well-known stocks, such as $ INVEDA (NVDA.US) $ und $MetaPlatforms (META.US) $ But so are some energy companies.
One possible reason is that trending generative artificial intelligence is expected to rapidly expand global electricity demand.
“We expect there will be room for growth in power suppliers and data center infrastructure stocks, but we don't expect GenAI Power to drive the development of regulated utilities,” Morgan Stanley analysts wrote in a research note last month. “In our opinion, GenAI's rapid increase in electricity demand is unknown and is not being factored into many stocks.”
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
See Original
Report
309 Views
Comment
Sign in to post a comment
    当我找到下滑的原因时,股市就是见底之日 当我找到拉升原因时,股市就是见顶之日🥰 :) :) :) :) 摸索中,求生存❤️
    85Followers
    84Following
    528Visitors
    Follow