Stock Market, Thanksgiving
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Wall St ends higher on growing bets for Dec. Fed rate cut
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Indeed, JPMorgan Chase analysts estimate U.S. large-cap stocks will return 6.7% annually over the next 10 to 15 years. And Goldman Sachs analysts estimate the S&P 500 will return 6.5% annually over the next decade, with downside and upside scenarios from 3% annually to 10% annually.
Volatility on Wall Street this week was a reminder of just how frail conviction around the stock market has been: Every bounce was sold, every selloff spiraled and investors still were skeptical if it had bottomed.
Wall Street's biggest firms are calling for a renewed bull market in 2026, with several forecasts now pointing to the S&P 500 reaching as high as 8,000 on the back of the AI boom.
Certain Wall Street analysts expect Broadcom and Meta Platforms to join Nvidia, Apple, Alphabet, Microsoft, and Amazon in the $2 trillion club.
Stock futures rise after a volatile Nasdaq session and key jobs data. Get market insights, economic updates, and what to watch today.
NEW YORK (AP) — U.S. stocks are rising as Wall Street looks to build on its recent winning streak. The S&P 500 rose 0.5% in early trading Wednesday. The Dow Jones Industrial Average gained 227 points, or 0.5%, and the Nasdaq added 0.7% as of 9:50 a.m. EST.
Despite the current narrative, one bullish Wall Street analyst just doubled their price target on the stock market darling.
Traders appear much more relaxed going into the holiday break. The Cboe Volatility index (VIX), an option-derived measure of expected S&P 500 moves, that's known as Wall Street's fear gauge, has fallen back sharply after last week's spike.
Johnson & Johnson reached a $500 billion stock market valuation on Wednesday as investors keep raising their bets that the firm’s strategy to cope with eroding sales for its major psoriasis drug will pan out.