Category: Top Story
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Wells Fargo Cuts S&P 500 Target to 7,700, Warns of 5%-10% Near-Term Downside
Wells Fargo has lowered its year-end 2026 S&P 500 target to 7,700 from 7,950, citing concerns about equity valuations, investor positioning and liquidity conditions. The firm now forecasts potential near-term downside of 5% to 10%. In a research note, analysts led by Ohsung Kwon raised their earnings-per-share forecasts to $425 for 2027 and $460 for…
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Citi Forecasts Widening Memory Chip Shortages Through 2031 as AI Demand Expands
Citi expects shortages across the global memory semiconductor market to deepen through 2031, driven by increasing demand for high-bandwidth memory (HBM), DRAM and NAND as artificial intelligence systems adopt continual learning. In a research note published Monday, the investment bank identified continual learning as a potential central theme in AI development over the next five…
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Nasdaq Leads Wall Street Higher as Falling Yields Cap a Turbulent Fed Week
U.S. stocks finished narrowly mixed on Friday, closing out a volatile week on a steadier note as a pullback in Treasury yields helped support technology shares. The Nasdaq Composite led the way, while the S&P 500 edged higher and the Dow slipped modestly. The gains capped a stretch dominated by the Federal Reserve, which earlier…
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Inflation and higher rates put small caps back in focus
Anna Serin and Bruce Campbell examine inflation, Fed policy, small-cap stocks, tariffs and market seasonality heading into Q4.
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Stock Futures Pause as Oil Prices and Treasury Yields Creep Higher
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a roughly flat open on Friday, with stocks likely to show a lack of direction following the rally seen in the previous session. Traders may take a breather following recent volatility in the markets, which saw the S&P 500 slump to its lowest level…
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Wall Street Rebounds as Falling Oil Prices Ease Inflation Fears a Day After Fed Rate Hike
U.S. stocks bounced back on Thursday, recovering from the previous session’s sell-off as a drop in oil prices reassured investors that inflation can stay contained even after the Federal Reserve raised interest rates for the first time since 2023. All three major indexes closed higher, with technology and chip stocks leading the advance. The rally…
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Treasury yields pressure stocks as Fed decision looms
Bruce Campbell examines rising Treasury yields, Fed rate expectations and changing momentum across U.S. energy, financials and technology.
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US Stock Futures Rise as Oil Prices and Treasury Yields Decline: Dow Jones, S&P, Nasdaq, Wall Street
US stock index futures pointed to a sharply higher opening on Thursday as crude oil prices and Treasury yields retreated, following a late-session sell-off on Wall Street after the Federal Reserve’s latest interest-rate increase. The anticipated rebound follows a difficult Wednesday session in which the Dow Jones Industrial Average closed at a three-month low and…
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Nike Faces Questions Over Dow Jones Membership Ahead of S&P 100 Removal
Nike (NYSE:NKE) faces renewed scrutiny over its position in the Dow Jones Industrial Average following confirmation that it will be removed from the S&P 100 later this month. S&P Dow Jones Indices announced that Nike will leave the S&P 100 before trading begins on 21 September 2026 as part of its quarterly rebalancing, ending an…
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Tesla to Operate Megacharger Sites at Three Forum Mobility Depots in California
Tesla (NASDAQ:TSLA) will operate public Megacharger facilities for heavy-duty electric trucks at three California depots being developed by Forum Mobility, as part of a 30-megawatt charging infrastructure expansion. Forum Mobility announced on Thursday that it is developing four electric truck charging depots across Northern and Southern California. The facilities will include pull-through charging lanes equipped…