Many across Wall Street have remained bullish even as President Donald Trump fans the flames of the trade war again this week, but Barry Bannister, chief equity strategist at Stifel, isn’t feeling as upbeat.
While banks including Goldman Sachs and Bank of America raised their S&P 500 year-end targets on Tuesday,
A rally in big tech stocks led the broader market to a higher close Wednesday, lifting the Nasdaq to an all-time high and helping Wall Street claw back most of its losses from earlier in the week.
The S&P 500 rose 0.6% for its first gain this week. The benchmark index remains near the record it set last week after a better-than-expected U.S.
» Read more about: Gains for tech stocks push Nasdaq to another record »
Major investors in Tesla Inc. TSLA have urged the company’s Board of Directors to hold the annual shareholders meeting as tensions rise between CEO Elon Musk and President Donald Trump.
Check out the current price of TSLA stock here.
Asian shares mostly gained on Thursday after a rally in U.S. tech stocks lifted the Nasdaq to an all-time high and helped Wall Street claw back most of its losses from earlier in the week.
South Korea’s Kospi climbed 1% to 3,164.26 after the Bank of Korea kept its benchmark interest rate unchanged and as semiconductor shares rose following Nvidia’s overnight rally on Wall Street.
» Read more about: Asian shares mostly gain after big tech rally on Wall Street »
Asian shares mostly gained on Thursday after a rally in U.S. tech stocks lifted the Nasdaq to an all-time high and helped Wall Street claw back most of its losses from earlier in the week.
South Korea’s Kospi climbed 1% to 3,164.26 after the Bank of Korea kept its benchmark interest rate unchanged and as semiconductor shares rose following Nvidia’s overnight rally on Wall Street.
» Read more about: Asian shares mostly gain after big tech rally on Wall Street »
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!
AI is eating the world—and the machines behind it are ravenous.
Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy.
» Read more about: 11 Most Undervalued Small-Cap Stocks to Buy According to Analysts »
Investor Cathie Wood, the CEO of Ark Invest, offered one of her most emphatic endorsements yet of Tesla Inc. TSLA CEO, Elon Musk, calling him “the most productive human being on earth and in space in history.”
What Happened: On Wednesday,
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Launches of new ride-or-die strategies, featuring exposure to CLOs and single stocks, are set to test the retail crowd’s appetite for risk.
Two firms are breaking new ground in the leveraged ETF space this week with launches targeting both the structured credit and single-stock markets – areas gaining more and more attention from retail traders.
» Read more about: Can leveraged ETFs continue to excite investors? »
The Dow Jones Industrial Average (DJIA) gained some ground on Wednesday,
