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DJT Stock Rises Sharply After Elon Musk Shows Up at a Trump Rally Source link
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Read More »Dow, S&P 500, Nasdaq slip as investors rethink rate-cut bets
US stocks dipped on Monday as investors overhauled their views on interest-rate cuts after a blowout jobs report, ahead of a week of key inflation data and the start of earnings season. The Dow Jones Industrial Average (^DJI) fell 0.3% after notching a fresh record high as stocks soared to …
Read More »Arcadium Lithium Stock Surges After Rio Tinto Takeover Approach
Oliver Bunic / Bloomberg via Getty Images Key Takeaways Shares of Arcadium Lithium jumped in premarket trading Monday after it confirmed that it has been approached by mining giant Rio Tinto about an acquisition. A report last week that Rio Tinto was considering acquiring a lithium miner sent a number …
Read More »Dow futures slip with stocks in retreat as investors rethink rate-cut bets
US stock futures retreated on Monday as investors overhauled their views on interest-rate cuts after a blowout jobs report, ahead of a week of key inflation data and the start of earnings season. Dow Jones Industrial Average futures (YM=F) fell 0.4% after notching a fresh record high as stocks soared …
Read More »Wall Street futures slip as markets reprice rate path ahead of busy week
(Reuters) – U.S. stock index futures slipped on Monday as investors dialed back bets on the scope of the Federal Reserve rate cuts this year, ahead of key inflation data, policymakers’ comments and the third-quarter earnings season that starts later this week. Investors are pricing in an over 93% chance …
Read More »Goldman Sachs lifts S&P 500 index target for year-end, next 12 months
Goldman Sachs (GS) has raised its target for the benchmark S&P 500 (^GSPC) index for the year-end and the next 12 months on expectations of higher margin growth for corporate companies and a steady macroeconomic outlook through 2025. The Wall Street brokerage on Friday lifted the index target for the …
Read More »Activist investor Starboard Value takes $1 billion stake in Pfizer, sources say
(Reuters) -Activist investor Starboard Value has taken a stake of about $1 billion in Pfizer (PFE) and wants the U.S. drug giant to make changes to turn its performance around, sources familiar with the matter said on Sunday. Starboard has also approached Ian Read, a former Pfizer CEO, and Frank …
Read More »Chinese Chip Stocks Gain $13 Billion on Talk of Beijing Stimulus
(Bloomberg) — Top Chinese chipmaker Semiconductor Manufacturing International Corp. led a $13 billion sector rally, after investors bet that Beijing will declare more policy or financial support for an industry central to its geopolitical ambitions. Most Read from Bloomberg Shares of SMIC, which Washington has blacklisted over allegations it aids …
Read More »Asian shares climb after blockbuster US jobs report
Asian shares advanced Monday after a surprisingly strong U.S. jobs report raised optimism about the economy, sparking a rally on Wall Street. U.S. futures slipped and oil prices also fell. Japan’s Nikkei 225 index gained 1.8% to 39,332.74 after the yen sank against the U.S. dollar. The Japanese currency has …
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