Another Wall Street strategist sees the S&P 500 (^GSPC) gaining by a double-digit percentage over the next year.
On Monday night, Goldman Sachs chief US equity strategist David Kostin initiated a 2025 year-end S&P 500 target of 6,500, representing about an 11% gain in the benchmark index from current levels.
Options on Bitcoin exchange-traded funds (ETFs) made their debut on Nov. 19, with the launch of options on the iShares Bitcoin Trust ETF (IBIT).
» Read more about: Trading options on Bitcoin ETFs: 5 key tactics for traders »
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Key Points:
» Read more about: Buffett's Behavior Signals Something Bad Is Coming for the S&P 500 (VOO) »
Another Wall Street strategist sees the S&P 500 (^GSPC) gaining by a double-digit percentage over the next year.
On Monday night, Goldman Sachs chief US equity strategist David Kostin initiated a 2025 year-end S&P 500 target of 6,500, representing about an 11% gain in the benchmark index from current levels.
As Nvidia (NVDA) prepares to report its Q3 earnings on Wednesday, the performance of the chipmaker’s stocks and shares is under scrutiny once again.
During its Q2 earnings release in August, Nvidia exceeded forecasts but its shares still fell more than 1%. Many industry observers are wondering whether its Q3 earnings will offer a repeat performance.
» Read more about: Will Nvidia stock surge or slump in the next few months? »
The tech-heavy Nasdaq Composite pushed back into positive territory, up 0.3%, while the S&P 500 trimmed an initial decline to 0.1% as tech and the tech-related communications-services sectors moved higher. The Dow remained down around 220 points, or 0.5%.
» Read more about: Nasdaq turns positive as stocks trim initial losses »
With the S&P 500 up 0.1%, roughly 330 of its stocks were lower. At the sector level, information technology was leading. It was followed by consumer staples and communication services. Materials, energy, health care, and financials were the biggest laggards.
The top S&P stocks were Super Micro Computer,
» Read more about: Tech Stocks Power the S&P 500 and Nasdaq Higher »
This day trading tutorial covers general principles and common day trading strategies, including limiting losses and deciding when to buy and sell.
» Read more about: 10 Day Trading Tips for Beginners Getting Started »
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The rapid increase in interest in the stock market since the start of the pandemic has some important by-products. One of those is the rocketing appeal in using options as part of an overall investing strategy. Options are not new, nor are exchange-traded funds (ETFs),
» Read more about: YieldMax ETFs: What They Are And Are They Safe »
With their innate understanding of housing, from real estate to construction to markets, the Property Brothers Jonathan and Drew Scott are the perfect guests to ask about the state of the market.
In Opening Bid’s recurring “Hot Take” segment, Yahoo Finance Executive Editor Brian Sozzi asks them about how interest rates might affect the housing market in 2025,
» Read more about: Property Brothers' hot take on interest rates for homebuyers »
