S&P 500 edges lower as investors hold their breath ahead of economic data
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- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
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- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
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Oppenheimer: Likely room for further broadening of this year’s rally
March 4, 2024 1:43 PM ESTAnalysts at Oppenheimer said in a note Monday that there is likely room for further broadening of this years rally.
Furthermore, the firm believes there is an "opportunity to see stocks further climb the proverbial wall of worry."
"Bears appear to remain in capitulation mode, nervous... More
UBS's Marcelli: Investors should diversify tech exposure
March 4, 2024 10:21 AM ESTAnalysts at UBS said Monday that investors should consider diversified tech exposure, with one region potentially standing out.
The bank noted that US tech stocks started March strongly, helping to propel the S&P 500 to an all-time high for the 15th time this year on Friday amid... More
