S&P 500 Pares Gain, Still Up 2.25%
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/14/2026
- Wall Street ends lower as Iran tensions dampen risk appetite; chipmakers drop
- SK Hynix’s record plunge drags down global chip stocks
- Oil up 9% to one-month high as US says it will blockade entire Iranian coastline, all vessels
- Ditching streaming could boost Disney stock by 40%, Wells Fargo says
- AstraZeneca stock dips as HSBC downgrades stock on 'tough path ahead'
Rates Could Go to 9% if Soaring Inflation Persists Says Fund Manager Mark Mobius - BBG
October 17, 2022 2:05 PM EDTVeteran Fund manager Mark Mobius told Bloomberg TV on Monday that he believes interest rates will surge to a three-decade high of 9%.
The co-founder of Mobius Capital Partners told Bloomberg that if inflation is 8%, the "playbook says you've got to raise rates higher than inflation, which means 9%." In addition,... More
US Stocks Remain Expensive - Goldman Sachs
October 17, 2022 12:02 PM EDTGoldman Sachs analyst David Kostin told clients in a note on Monday that US stocks "remain expensive vs. history."
The analyst told investors that the S&P 500 index has declined by 23% from its peak in January, but most absolute and relative valuation metrics show that US stocks are still pricey.
"Investors repeatedly ask us where they should be looking for bargains. Four... More
