NY Fed 1-Yr Inflation Expectations 3.17 vs 3.26% Prior
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- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Super Micro Computer establishes $1.25 billion stock sale agreement
- Wall Street ends higher as SpaceX's market debut dominates
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- SpaceX Shares Indicated To Open At $155
Citi: Nasdaq favored while EU banks shunned
June 11, 2024 6:17 AM EDTAnalysts at Citi said in a note that amidst the market uncertainty, the Nasdaq is favored.
The investment bank explained in its equity markets positioning model note this week that investor positioning in US equities stabilized after a pick-up in long flows over the past week.
Meanwhile, Nasdaq's... More
BTIG: Industrials, builders, hotels vulnerable while med devices look timely
June 10, 2024 11:34 AM EDTIn a note to clients Monday, BTIG analysts warned of potential weakness in certain sectors while identifying relative bright spots.
Despite ongoing bullish sentiment, BTIG remains "tactically cautious" due to the S&P 500 trading "over 12% above its 200 DMA," a level it historically hasn't sustained for long... More
