Category: Market Forecast
Wall Street’s biggest bear, Chief Market Strategist Marko Kolanovic, is leaving JPMorgan Chase & Co. after 19 years with the bank, as reported by Bloomberg News. According to internal …
The S&P 500 closed at a record high on Tuesday, buoyed by optimism about the upcoming earnings season. According to LPL Financial, the season should be “solid,” but expecting …
A recent research paper argues that the primary driver of post-pandemic inflation in both the U.S. and Europe was demand, not supply. At the European Central Bank’s annual gathering …
After a 14.5% rise in the first half of the year, S&P 500 futures suggest a challenging start to the second half of 2024, says Michael Kramer, founder of …
One likely outcome of the lack of budget restraint from either Biden or Trump is a higher frequency of ‘pretty weak’ Treasury auctions, a strategist says. A key takeaway …
Market Reactions Post-DebateFollowing Thursday’s debate, markets began pricing in a higher likelihood of former President Donald Trump defeating President Joe Biden. Stock-index futures and the U.S. dollar rose, as …
As the U.S. stock market approaches the end of June, Bespoke analyzed how it typically performs in the first half of a year. The S&P 500 index is set …
Nvidia Corp. shares made a remarkable comeback on Tuesday after experiencing a three-session decline that pushed them into correction territory. The stock surged 6.8%, making it the second-best performer …
Something unusual is happening on Wall Street, boosting the confidence of stock-market bulls as the first half of 2024 comes to a close. Corporate-earnings estimates, which typically decline throughout …
U.S. stock have posted an impressive election-year rally so far in 2024. As investors question whether that rally will continue, they’re watching inflation and economic-growth data to gauge the …