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A massive earnings surge could lift the Dow to 60,000 and the S&P 500 to 8,000, says top Wall Street strategist
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U.S. Stocks Trade Lower
U.S. stock indexes edged lower, after the S&P 500 and the tech-heavy Nasdaq closed at record highs for the last four sessions.The Wall Street Journal - World -
Stocks Fall, European Markets Sell Off
Investors dumped European stocks and snapped up safer government bonds amid French political turmoil. U.S. stocks opened lower.The Wall Street Journal - World -
The S&P 500 would be nearly 20% lower without AI mania, says this chart
How much has AI contributed to stock market gains? The market could be 20% worse off without it, says Bespoke.MarketWatch - Business -
U.S. stocks ended mixed, with the S&P 500 slipping from its record, but logging a weekly gain of 1.6%, while the Nasdaq rose to a record and a weekly gain of 3.2%. The Dow shed 0.5% for the week.
U.S. stocks ended mixed, with the S&P 500 slipping from its record, but logging a weekly gain of 1.6%, while the Nasdaq rose to a record and a weekly gain of 3.2%. The Dow shed 0.5% for the week.The Wall Street Journal - World -
Elon Musk claims Optimus robots could make Tesla a $25 trillion company — more than half the value of the S&P 500 today
At Tesla's annual shareholder meeting Thursday, CEO Elon Musk said the company's jump into humanoid robots could lift its market cap by almost fiftyfold.CNBC - Business - Elon Musk -
A New Wall Street for the Journal
An exchange popping up in Texas isn’t all that surprising.The Wall Street Journal - World -
These 4 S&P 500 stocks are helping to tame U.S. market volatility
Stocks not only can gain with the VIX at such extreme lows — they usually do.MarketWatch - Business -
Cooling Inflation Powers S&P 500, Nasdaq to Weekly Gains
The S&P index added 1.6% for the week and the yield on the 10-year Treasury fell as investors assessed the job market and new data on inflation.The Wall Street Journal - World -
Carnival’s stock leads the S&P 500’s losers as BofA raises a pricing concern
Stocks of cruise operators were having a pretty bad day Friday, as BofA Securities analyst Andrew Didora suggested there was a crack in the group’s pricing armor.MarketWatch - Business -
Wall Street workers need unions, too
I led the successful effort to unionize minor league ballplayers for better treatment, and I support the same for financial workers.The Hill - Politics
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