Wall Street stock bulls throw in the towel as tariff market meltdown 'projects negative outcomes to infinity'

Wall Street stock bulls throw in the towel as tariff market meltdown ‘projects negative outcomes to infinity’

Wall Street strategists are abandoning their bullish views on the US stock market in droves as a sell-off in reaction to President Trump’s reciprocal tariff announcements has experts rapidly paring forecasts for 2025. On Sunday night, Oppenheimer chief investment strategist John Stoltzfus became the latest strategist to cut his year-end S&P 500 target, lowering his…

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Asian shares advance, despite Wall Street's tumble, as China pledges to boost consumer spending

Asian shares advance, despite Wall Street’s tumble, as China pledges to boost consumer spending

BANGKOK (AP) — Asian markets advanced Friday, shrugging off another decline on Wall Street, with markets in China gaining after state-run banks and other financial institutions were ordered to do more to help spur more consumer spending. U.S. futures and oil prices advanced. Hong Kong’s benchmark jumped 2.5% to 24,038.85, while the Shanghai Composite index…

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