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One of Wall Street's Biggest Bull Got More Bullish. There Is Reason for Caution
Optimism is on the rise among strategists -- and UBS is helping lead the pack.
The target of raising the S&P 500 index for the second time in the year, UBS expects it to break through 5,600 points
UBS Group once again raised its year-end target for the S&P 500
These 5 Artificial Intelligence (AI) Stocks Make Up 27.3% of the Entire S&P 500 Index
Nasdaq Hits 17k, But the Market Was Red | Wall Street Today
The Nasdaq broke records Tuesday, jumping over 17k for the first time before pulling back following a three-day break for Memorial Day. The index hit an all-time closing high of 17,019. Still, by the numbers, about 2,000 more equities were declining than climbing.
Nasdaq Closes Above 17k, Market Falls | Market Story
As a general recap, the market was advancing on Tuesday.
Rate Hikes Aren't Off the Table, Fed's Kashkari Says
The Federal Reserve is ready to hold interest rates steady for as long as it takes to get inflation down to its 2% annual target, said Minneapolis Fed President Neel Kashkari on Tuesday.