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(Reuters) - U.S. index futures were mixed at the start of a week marked with a crucial inflation print and other economic data that are poised to shed further light on the monetary policy outlook,...
RBC Capital Markets has carried out a new valuation stress test that suggests the S&P 500's fair value would be around 5,500 by the end of the year. According to the investment bank, the analysis is...
US stocks are expensive and will remain so, Evercore ISI analysts said Sunday, as they expect the S&P 500 to end the year as high as 6,000. However, as the history of previous “expensive markets”...
Nvidia (NASDAQ:NVDA) stock is in “a league of its own,” BTIG analysts said in a note released Sunday. The chipmaker’s shares have recently traded approximately 100% above its 200-day moving average...
Year-to-date macroeconomic data has shown signs of weakness, leading to softness in lower-quality and economically sensitive market segments, while a narrow selection of high-quality mega-cap stocks...
In recent trading news, Congressman Dean Phillips, representing Minnesota's 3rd congressional district, has made a significant investment in Arcadia Medal Investors, LP. The transaction, which took...
yolowire.com - High interest rates and inflation continued to burden U.S. consumers in May as retail sales again rose less than economist predictions. For the month, advance estimates of the print...
Wells Fargo (NYSE:WFC) believes investors should reduce their exposure to “overvalued” technology stocks. The investment bank points to the narrow breadth of the current market rally, driven largely...
Thomas Barkin, President of the Federal Reserve Bank of Richmond stressed the need for further clarity on the inflation path before considering lowering interest rates. "My personal view is let’s get...
Ault Disruptive Technologies Corporation (NYSE American:ADRT), a company specializing in blank check investments, announced today the appointment of Steve J. Smith to its board of directors. Smith, a...
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