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Market Declining Tuesday Afternoon, Memes Pull Back | Market Story
As a general recap, indexes were mixed, and overall the market fell Tuesday morning.
Memes Come and Go, Market Holding Low | Herd on Wall Street
Morning mooers! Happy Monday, and happy June! The market is open, lower after yet another meme injection from Roaring Kitty. My name is Kevin Travers, here are stories heard on a Wall Street today.
Wells Fargo & Co: S&P 500 index is expected to reach 5700 points by the end of next year.
According to data from the investment department of Wells Fargo & Co, during the past three US presidential elections, the stock market has risen by an average of 41.8%. This year, as another election year, the US stock market has performed well, with the S&P 500 index already rising more than 10% in mid-year. Although it may be overly optimistic to expect the stock market to reach new highs before the November US election, the Wells Fargo Investment Institute stated that further election-related gains may occur in 2025. Jeremy Folsom, an investment strategy analyst at Wells Fargo, stated that:
Big Tech Companies Unplug Stock Market From Reality
By James Mackintosh Big Tech stocks aren't just dominating the market. They're also hiding just how scared investors are that the Federal Reserve will keep rates higher for longer. The average stock
Steady financial situation for blue-chip companies in the United States! Bank of America: high leverage but decreasing debt costs.
According to data from Bank of America, the cost of borrowing for US companies in the investment-grade bond market has decreased due to a series of rating upgrades, accelerated profit growth, and increased profit margins.
Stocks Need a Strong Economy to Keep Rising. The Data Are Getting Worse
Stocks are lower on the first trading day of June, and some market watchers expect more summertime blues ahead.
Trytosaveabit : Thanks for the market update Sir Travers!