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Fundstrat Chief Investment Officer Tom Lee urged investors to "Buckle up" for a potential stock market rally, pointing to a historical S&P 500 setup that indicates a strong fourth quarter. Commenting on mid-year market performance statistics, Lee stated in a post on X that the " 4Q looking good." Current Market Setup a
Major U.S. indices closed mixed on Wednesday, with the Dow Jones Industrial Average falling 0.86% to 50,906.05 and the S&P 500 declining 0.25% to 7,651.54, while the Nasdaq gained 0.24% to 26,861.06. These are the top stocks that gained the attention of retail traders and investors through the day: Micron Technology In
Fundstrat’s Tom Lee stated that cooling inflation data and a shift in rhetoric from the Federal Reserve will benefit equities. A Shift in FOMC Hawkishness In a post on X, Lee offered what he called a “contrarian take” regarding the Federal Reserve’s monetary policy path. Lee noted that New York Fed President John Willi
U.S. stock futures are trending higher early Wednesday as Wall Street assesses fresh corporate earnings, stabilizing oil prices, and significant domestic inflation data amidst shifting geopolitical dynamics. The Polymarket (CRYPTO: POL) crowd is leaning heavily bullish for the Sept. 30 trading session. The “S&P 500 (SP
Reuters Asia morning markets round-up for Sept. 30 showed global equities mostly lower, with major bond yields elevated and currencies mixed. Gold rose 1% after a recent low, while Brent crude fell.
examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. stocks finished a volatile week with mixed results as investors adjusted to the Federal Reserve’s first interest-rate hike since 2023 and rising energy costs. The S&P 500 slipped for a second s
The DoubleLine Capital founder and CEO Jeffrey Gundlach, also known as the Bond King, said he wants to be “out of the epicenter” of the AI race, citing widening credit spreads and extreme valuations. Escalating AI Credit Cracks Speaking on The Julia La Roche Show, Gundlach cited the S&P 500 Shiller CAPE ratio exceeding
JPMorgan Chase & Co. equity strategists project that the S&P 500 index will reach 8,000 by the end of 2026, calling the bears an extinct species. Polymarket (CRYPTO: POL) bettors also assign a 35% probability to the index closing above that level. The S&P 500 closed the previous session at 7,551.81, meaning JPMorgan’s
U.S. stock futures pointed lower Monday after weekend comments from OpenAI and Anthropic executives revived concerns about the pace of AI development. Nvidia, Micron, Sandisk and Oracle were among the stocks cited as in focus.
Cisco, SpaceX, Cerebras, Infleqtion and Coherent were active in trading after Cisco, Cerebras, Infleqtion and Coherent reported quarterly results, while SpaceX disclosed Starlink subscriber growth.
U.S. stocks closed mixed on Wednesday. The Dow Jones Industrial Average rose 0.49%, the S&P 500 fell 0.17% and the Nasdaq Composite fell 0.80%. SpaceX dropped 13.6%. NVIDIA gained 3.4%, SK Hynix fell 2.0%, AMD slid 7.0% and SanDisk declined 5.0%. The Nasdaq Golden Dragon China Index fell 1.08%; XPeng and NIO were down
Google parent Alphabet Inc. (NASDAQ: GOOG ) (NASDAQ: GOOGL ) is emerging as the lone bright spot among mega-cap technology stocks, defying a broader, messy patch for its Magnificent Seven peers. According to Strategas chief chartist Todd Sohn, the search giant boasts the “best chart” in big tech right now, carving out
US stocks close mixed with Dow up 0.36%, S&P 500 down 0.09%, and Nasdaq down 0.40%
SpaceX, Micron, Super Micro, Netflix, and Palantir are on investors' radars today after significant stock price movements
SpaceX's stock plummets 16.43%, while Micron Technology and Super Micro Computer rise ahead of earnings and new product unveilings, respectively