Equity analysts at Deutsche Bank have raised their 2024 S&P 500 target to
All three major U.S. stock indexes finished at their highest-ever levels on Wednesday, fueled by signs of slowing inflation on a monthly basis in April's consumer price index. It was the first time since March 21 that all three indexes reached record closing highs on the same day. Wednesday's rally
Walmart's latest earnings were celebrated on Wall Street, such that the stock is enjoying its best week in about two years. Shares of Walmart are up 6.3% over the course of the week and on pace to log their best weekly performance since the week ended May 27, 22, when they advanced 7.8%. The retai
U.S. stocks ended mostly higher Friday, with the Dow Jones Industrial Average’s modest gains taking the blue-chip gauge to a finish above 40,000 for the first time ever. The Dow gained 134.21 points, or 0.3%, to close at 40,003.59, clinching a fresh record peak. The S&P 500 rose 6.17 points, or
TikTok lawsuit to pit free speech against national security, Rivian keeps
Wall Street was poised to open near record highs on Monday, as investors looked past the inflation implications of a commodity rally and wagered interest-rate cuts will remain on the cards this year.
European stocks and US equity futures kept to small ranges as investors focused on upcoming US inflation reports. Japanese bond yields climbed to decade highs.
Stocks in Asia traded higher Friday after a rally on Wall Street that pulled the S&P 500 back within 1% of its record. Benchmarks rose in Tokyo, Seoul, Sydney and China, where investors were focused on the release of April inflation figures. In Japan, the Finance Ministry reported a record
The Dow Jones Industrial Average is coming off of a notable week, having reached an all-time high on Thursday and a close above 40,000 on Friday.
Apexium Financial LP trimmed its position in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL – Free Report) by 0.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 112,189 shares of the company’s stock after selling 888 shares during the […]
The stock market’s renewed record-setting rally has blindsided Wall Street’s top strategists, prompting many to swiftly revise their year-end S&P 500 targets
The firm sees the S&P 500 rising more than 3% by the end of the year.