A muted open for Wall Street has been predicted on Monday after oil prices jumped after President Trump dismissed Iran's latest counter-proposal on a Middle East peace deal as "totally unacceptable". Dow Jones futures were down 0.1%, while S&P 500 and Nasdaq 100 futures were even flatter.
‘We've never seen anything like this,' says Wall Street veteran Yardeni
A veteran Wall Street forecaster says S&P 500 may hit 10,000 ‘ahead of schedule.'
Yes, rallies aren't meant to last forever. But this one is being driven by a superstrong earnings season.
Earnings and a supportive economic backdrop should help stocks, says RBC
RBC Capital Markets raised its year-end target for the S&P 500 on Friday, citing resilient earnings growth and continued strength in artificial intelligence-linked sectors. The Canadian brokerage increased its target for the benchmark index to 7,900 from 7,750.
RBC Capital Markets raised its year-end target for the S&P 500 to 7,900 from 7,750 on Friday, citing resilient earnings growth and continued strength in artificial intelligence‑linked sectors.
We tracked a rebound using Elliott Wave, breadth, and seasonality. After exceeding targets, terminal-wave signs are emerging, including breadth divergence, raising the risk of exhaustion.
The S&P 500 slipped on Thursday after briefly touching a fresh all-time intraday high, as oil prices rebounded from earlier losses. Investors continued to monitor developments surrounding potential negotiations between the United States and Iran.
S&P 500 hits record highs as falling oil and AI momentum fuel tech stocks while traders watch closely for a key market reversal signal.
The trade is fairly simple: sell downside protection in semiconductor names where volatility is expensive, and buy downside protection in the S&P 500, where it's relatively cheap.
The S&P 500 Index futures continued soaring today, May 7, reaching their all-time high, despite the existing geopolitical tensions in the Middle East. It rose to $7,390, up sharply from the year-to-date low of $6,352.