Stock Market Rally Continues, What Wall Street Predicts for S&P 500?
At least 11 Wall Street firms raised 2024 S&P 500 forecasts. Morgan Stanley's Mike Wilson, once bearish, now sees 5,400 in 12 months (up from 4,500).
The second-in-command of the Federal Reserve and others spoke out: we cannot pay too much attention to the April CPI data and continue to be cautious
The second-in-command of the Federal Reserve and a number of members of the polling committee spoke out. Overall, officials have yet to feel confident about the Federal Reserve's target of reducing inflation to 2%. Officials generally call for continued prudent policy positions. Cleveland Federal Reserve Chairman said bluntly that he no longer thinks it is appropriate to cut interest rates three times this year. Last week, the US released what many people called “exciting” CPI data for April.
The rise is like a rainbow! Wall Street quickly raised the target price of the S&P 500 index to a maximum of 5,600 points
At least 11 major Wall Street banks have raised their year-end S&P 500 forecasts so far
S&P 500, Nasdaq Hit New Records Ahead of Nvidia's Earnings Wednesday | Wall Street Today
The Nasdaq Composite and the S&P 500 closed up at record highs on Monday ahead of Nvidia earnings, the last of the "Magnificent Seven" companies to report earnings.
Express News | Peloton To Enter $1B Loan Facility to Refi Debt
S&P 500, Nasdaq Close at Record Highs, Barely | Market Story
After a roaring week for meme stocks and record highs in markets overall, indexes still opened positively Monday. Shortly after 10:30 EST AM, the $S&P 500 Index climbed 0.35%, the $Dow
Fed's Mester Says Forecast of 3 Rate Hikes This Year Is Now Probably Too Many
By Greg Robb New forecasts out June 12 Cleveland Fed President Loretta Mester on Monday suggested she was thinking about backing away from her prior expectation that the U.S. central bank will cut i
Big Rate Cuts Could Be Bad for the S&P 500, but Good for Small Caps
Paul R. La Monica The Dow Jones Industrial Average's ascendancy to the 40,000 level may be grabbing all the headlines. But could large caps soon be in for a rough patch if the Federal Reserve starts
Morgan Stanley's Mike Wilson Gives Up. He No Longer Predicts a Big Stock Market Drop
Morgan Stanley's Mike Wilson, one of Wall Street's most prominent pessimists, dropped his bet against the U.S. stock market this weekend.
All Eyes on Mag Seven's Final Earner | Wall Street Moovers
Morning mooers! It is Monday, May 20th, the post-meme stock market is open and chugging away. My name is Kevin Travers, and here are the morning moovers today:
The Federal Reserve Board “releases an eagle”! The US neutral interest rate may be higher than in the past ten years, and interest rates may only be cut once in 2024
Atlanta Federal Reserve Chairman Bostic believes that the inflation rate will continue to fall this year and 2025, but the rate of decline in inflation will be lower than many people expected.
Deutsche Bank Raises S&P 500 Price Target to 5,500
Equity analysts at Deutsche Bank have raised their 2024 S&P 500 target to 5,500, joining a host of other Wall Street strategists who have expressed greater optimism as stocks have come roaring back from last month's selloff.
FRB Vice Chairman Barr is in a good position to stabilize interest rates and keep an eye on the evolution of the situation
FRB Vice Chairman Barr's statement (in charge of bank supervision) was conveyed, and he said, “It's a good position to stabilize interest rates and keep an eye on changes in the situation.” He also said, “We are considering restrictions on assets that banks can hold as buffers.”
US Atlanta Area Federal Reserve Governor This year's data suggests a gradual slowdown in inflation
US Atlanta Area Federal Reserve President Bostic This year's data suggests a gradual slowdown in inflation. The economy is slowing down, but it is slowing very slowly. Inflation is expected to continue to slow this year and next.
Everything You Need to Know About the Surging Metal Prices
Check out the top stocks to focus on as metal prices approach record highs.
Morgan Stanley's big bears finally gave up being bearish on US stocks and raised the S&P 500 target by 20%
A famous bear on Wall Street has just changed his mind and is beginning to be optimistic about the future of US stocks.
A Massive Earnings Surge Could Lift the Dow to 60,000 and the S&P 500 to 8,000, Says Top Wall Street Strategist
By Barbara Kollmeyer The Dow Jones Industrial Average reaching 40,000 was a milestone for investors last week, but a top Wall Street forecaster sees even bigger gains ahead, thanks to earnings. Yard
Stocks May Rise Into the Summer. These 3 Risks Could Derail the Rally
Weak Nvidia earnings, a slowing economy, or even the rally becoming overdone are all potential risks, market strategists say.
The U.S. Economy and Inflation Might Be Cooling Off, but Lower Interest Rates Are Still Far Away
Is the economy headed in the right direction? Wall Street investors certainly think so.
Think Inflation Is Cooling? Think Again
Stock and bond markets rallied this past Wednesday following the lack of a bad surprise in April's consumer price index, further boosting confidence that the Federal Reserve will deliver two quarter-point interest-rates by the end of 2024.