A rally in big tech stocks led the broader market to a higher close Wednesday, lifting the Nasdaq to an all-time high and helping Wall Street claw back most of its losses from earlier in the week. The S&P 500 rose 0.6% for its first gain this week. The benchmark index remains near the record…
The S&P 500 (^GSPC) rode a bumpy path to end the first half of 2025 at a record high. After falling more than 19% in April from its previous all-time high, the benchmark index ripped to new records just two months later as the market’s worst fears about the impact of President Trump’s tariffs evaporated….
A collapse in volatility suggests that the painful stock market sell-off is over and that a fresh rally could be brewing. That’s according to Jason Goepfert, senior research analyst at SentimenTrader, who told BI on Wednesday that the sharp decline in the Cboe Volatility Index, or VIX, flashed a “bear killer” signal. The bullish signal…
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…
The outlook for the stock market is becoming increasingly uncertain, thanks largely to the potential impact of an escalating global trade war. Strategists at Goldman Sachs on Sunday night slashed their forecast for the S&P 500 for the second time this year, lowering targets for the benchmark index’s return to -5% in the coming three months and…
(Bloomberg) — Turkey’s capital markets regulator banned short-selling across all stocks and relaxed share buyback rules in a bid to prevent further equity losses after the country’s benchmark index tumbled last week following the detention of a prominent opposition leader. Most Read from Bloomberg The new rules, announced late Sunday, broaden a previous ban that…
Stocks have been crushed in recent weeks, but Wall Street forecasters think the worst may be over. Morgan Stanley and Citi said they saw 5,500 as the floor for the S&P 500. Both banks are sticking to their year-end price target of 6,500, implying about 15% upside. The worst of the stock market sell-off looks…
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…
Stocks have soared for the last two years since the October 2022 bear market low. Wall Street expects the gains to continue in 2025, predicting an average gain of about 8%. Here’s a complete rundown of Wall Street’s 2025 predictions. The stock market has been on a tear since its October 12, 2022 bottom, with…
The S&P 500 has returned 26% so far this year. But with expectations sky-high, how long can the rally last? Some Wall Street experts warn of muted forward returns, and are making dot-com bubble comparisons. It’s been another banner year for the S&P 500 as impressive earnings and improving expectations have propelled the benchmark index…