By Siddarth S (Reuters) – Goldman Sachs has forecast the S&P 500 index would reach 6,500 by the end of 2025, joining peer Morgan Stanley, on the back of continued growth in the U.S. economy and corporate earnings. The Wall Street brokerage’s target implied an upside of 10.3% from the index’s last close of 5,893.62….
Stocks are entering one of the busiest weeks of the year near record highs. A late-week rally led by a surge in Tesla (TSLA) shares helped the Nasdaq Composite close the week higher by about 0.9%, just shy of a new record high. Meanwhile the S&P 500 (GSPC) fell more than 0.3% and the Dow…
(Reuters) – U.S. stock index futures fell on Tuesday, as a selloff in bonds pushed Treasury yields higher, pressuring rate-sensitive stocks, while investors awaited a deluge of corporate earnings for a clearer market direction. At 5:05 a.m. ET, Dow E-minis were down 138 points, or 0.32%, U.S. S&P 500 E-minis were down 21.5 points, or…
A Dutch chipmaking giant sparked chaos after it accidentally published a disappointing financial outlook a day earlier than scheduled – slashing billions in market value across the semiconductor sector. Shares of ASML — which manufactures equipment used to make chips, including the processors used to power artificial intelligence — sank nearly 6% Wednesday. The stock…
By Stella Qiu SYDNEY (Reuters) -Asian stocks edged lower on Tuesday, contrasting with a strong Wall Street close and investor optimism about corporate earnings, while the dollar held near a two-month top, aided by bets on a smaller U.S. rate cut next month. Oil prices fell about 3% after Israeli Prime Minister Benjamin Netanyahu reportedly…
On today’s episode of Market Domination Overtime, Hosts Julie Hyman and Josh Lipton analyze the market close and discuss some of the biggest stories from the trading day. The Dow Jones Industrial Average (^DJI) closed above its flatline on Friday, while the Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) stumbled in the trading session. Overall,…