Wells Fargo sees economic "soft patch" capping further S&P 500 gains
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Fed's Mester: Policy 'in A Good Place' To Assess Incoming Data - Bloomberg
November 29, 2023 1:48 PM ESTFed's Mester: Policy 'in A Good Place' To Assess Incoming Data - Bloomberg
... MoreBarclays raises 2024 S&P 500 price target but warns stocks are 'moving too far, too fast'
November 28, 2023 6:37 AM ESTBarclays equity strategist Venu Krishna raised the 2024-end price target on S&P 500 by 300 points to 4800, reflecting an increased FY24 earnings estimate to $233 (up from $223).
Still, the updated model for the S&P 500 2024 EPS trails consensus by $13.
Street consensus for double-digit EPS growth in FY24 looks overly optimistic even after upgrading our goods... More
