Small-cap benchmark closes at highest level since 2021 The Russell 2000 outperformed on Wednesday, notching its highest closing level in nearly three years. The small-cap benchmark added 1.64%, posting its fourth straight winning session and its highest close since November 2021. These smaller names are expected to put on a strong showing as the Federal…
The upcoming earnings season could decide what’s next for stocks. The S & P 500 and Dow Jones Industrial Average are at all-time highs after a strong jobs report last week and some cooler inflation data this week raised investor confidence in equities. Tech stocks outperformed this week, with the sector up more than 2%,…
Morgan Stanley is pounding the table on several stocks as investors wait to see if October markets are tumultous or quiet. The investment bank says these top companies are well positioned for the long term. They include Lineage, Thermo Fisher Scientific , M & T Bank and Taiwan Semiconductor . Lineage Analyst Ronald Kamdem is…
Here are the biggest calls on Wall Street on Wednesday: Roth MKM initiates Iren Energy at buy Roth says the blockchain bitcoin miner is well positioned. “We launch on IREN with a Buy and $14 PT and believe it offers investors an attractive investment opportunity in the growing energy demand for digital infrastructure.” DA Davidson…