Tom Lee from Fundstrat has returned with a positive forecast as concerns about the 2023 market rally surface. In a research note, the former analyst from JPMorgan Chase advised clients to seize a favorable chance to make strategic purchases. The analyst suggested that the recent drop in prices creates a...
The stock market kicked off the week with a small decline, signaling that the focus for the upcoming week will mainly revolve around inflation, interest rates, and the start of the second-quarter earnings season. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all suffered a decrease and fell...
A famous economist in the financial district of New York foresees a shift from the current economic decline to a period of expansion. This indicates that the stock market could potentially see a surge in 2023. Additionally, it is anticipated that this surge will not be limited to major technology...
After a terrible year in 2022, the US stock market saw a big increase in 2023. The S&P 500 has increased by 15.36%, and the tech-focused Nasdaq Composite has gained an impressive 31.69% since the start of January. Multiple factors have caused the sudden rise. One is the paradoxical situation...
Wall Street, for the second day in a row, witnessed a decrease, and a similar decline was observed in both European and Asian markets. In the meantime, Janet Yellen, the U.S. Treasury Secretary, took action in China on Thursday to ease tensions between the world’s two biggest economies. The futures...
As the U.S. stock market opening draws near with just two hours to go, Wolfspeed Inc. (WOLF) has seen a notable 16.5% increase during the pre-market trading session, while Rivian Automotive Inc. Cl A (RIVN) has risen by 7.2%. Concurrently, RBC Bearings Inc. (RBC), Transocean Ltd. (RIG), and R1 RCM...
