S&P posts 4th straight decline as recession talk weighs on Wall Street
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Wall Street closes higher as investors digest earnings, megacap outlook
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
Next two months typically the strongest for flows - Bank of America
December 6, 2022 8:03 AM ESTBank of America equity strategist Jill Carey Hall says the firms clients have continued to buy stocks despite several analysts warning that the relief rally may have ended.
The S&P 500 rose 1.1% last week with the banks clients net buyers of U.S. equities for the fourth consecutive week. Investors were buying small and... More
BofA says S&P 500 could drop to 3000 in H123
December 6, 2022 7:07 AM ESTBofA says S&P 500 could drop to 3000 in H123 before rallying
The upcoming 2023 year is likely to be a year of two halves as far as the equity market is concerned, according to Bank of America strategist Savita Subramanian.
The strategist warns investors that a slew of 1H bears is forming, which makes equity strategist nervous about the outlook for stocks in 2023. As a result, Subramanian expects to see the S&P 500 dipping to as low as 3000... More