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2 mins read
UBS just raised its S&P 500 price target for the 4th time this year. Here's how it says stocks can soar 17% by the end of the year.
UBS initially had a year-end price target of 4,850. The bank raised it to 5,150 in January, to 5,40…
Matthew Fox
2 mins read
A bullish signal in the stock market is pointing to double-digit gains for the S&P 500 next year, research firm says
"New breadth thrust signals confirm that the market is in step four of the bottoming process and mo…
Matthew Fox
1 min read
A top Wall Street bear has turned bullish on stocks, boosting his S&P 500 price target by 20%
"Our 2024 and 2025 earnings growth forecasts assume healthy, mid-single-digit top-line growth in ad…
Matthew Fox
2 mins read
The S&P 500 falling 5% has historically been a good buy-the-dip opportunity, Goldman says
The biggest question for investors is whether a recession is imminent or not. If it's not, then the…
Matthew Fox
2 mins read
Stock market today: Nvidia pushes Nasdaq, S&P 500 to record highs
UBS increased its Nvidia price target on Monday to $150 per share due to strong demand trends and a…
Matthew Fox
2 mins read
'The S&P 500 is incredibly dangerous': Why Warren Buffett's favorite valuation indicator is flashing a warning for stocks
"If the ratio approaches 200% — as it did in 1999 and a part of 2000 — you are playing with fire," …
Matthew Fox
2 mins read
The big rotation trade is from cash to stocks - and it could help push the S&P 500 up 17% by year-end, UBS says
A record $6 trillion in money market funds could flow into the stock market as the Federal Reserve …
Matthew Fox
2 mins read
The S&P 500 will soar 175% to 15,000 by the end of the decade, Fundstrat's Tom Lee says
"The two previous instances of global labor shortage resulted in a parabolic move in technology sto…
Matthew Fox
2 mins read
Stock market today: Mega-cap tech drives S&P 500 and Nasdaq to record highs
Shares of Microsoft, Apple, and Broadcom all surged between 1.5% and 5% on Tuesday while Nvidia, Am…
Matthew Fox
1 min read
The S&P 500 will climb another 6% by year-end as recession risk subsides, UBS says
UBS upgraded its S&P 500 target to 5,600, noting stronger-than-expected earnings growth and reduced…
Filip De Mott
1 min read
The S&P 500 will hit 8,000 by the end of the decade as the bull market continues through the 'roaring 20s,' market vet says
Stocks are in the midst of a decade-long bull market that will take the S&P 500 more than 40% highe…
Jennifer Sor
2 mins read
Evercore ISI upgrades its S&P 500 outlook to the highest on Wall Street as it says the AI revolution is just getting started
"The backdrop of slowing inflation, a Fed intent on cutting rates and steady growth have supported …
Matthew Fox
2 mins read
Brace for a 10% slide in the S&P 500 as stagflation makes the Fed unlikely to cut rates, Stifel says
The S&P 500 doesn't look like it's in a bull market by historical standards, Stifel strategists sai…
Jennifer Sor
2 mins read
Stock market today: S&P 500 closes at a record high as investors await the latest Fed decision, May CPI
The S&P 500 hit a record. Shares of Apple surged a day after its WWDC event, while traders braced f…
Filip De Mott
2 mins read
JPMorgan's quant guru has issued Wall Street's lowest S&P 500 price target for 2024
"While it is difficult to pin down the start date and depth of a recession ahead of time, we think …
Matthew Fox
1 min read
UBS says hot, demand-driven inflation is positive for stocks, raises its S&P 500 target to a Wall Street high
UBS says hot inflation is actually good for stocks, since it's being driven by strong demand.
Aruni Soni
3 mins read
Tesla is the biggest S&P 500 loser this year, down even more than Boeing
Shares in Elon Musk's electric carmaker are down about 30% since the start of 2024, wiping about $2…
George Glover
2 mins read
Why the S&P 500 keeps crushing record highs in 2024
The benchmark index has been flirting with 5,000 in recent days. UBS strategists say the recent str…
Phil Rosen
2 mins read
Stock market today: S&P 500 hits 4-day losing streak as tech stocks weigh down market
The S&P 500 notched its fourth-straight day of losses as Nvidia, Meta, and other tech names slumped.
Jennifer Sor
2 mins read
Why the S&P 500's 'ridiculous' winning streak could soon sputter
A chief global strategist explains how technical and historical data point to a coming sideways or …