Stocks rise to start the week as bond yields dip

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Wall Street is coming off a positive week for the major averages, where the Dow Jones Industrial Average snapped a four-week losing streak.

Analyst Adam Jonas increased Ferrari's price target by $30 to $310, implying the stock could rally 14.2% over the next year. He said the carmaker's defensiveness and hard-to-replicate luxury brand would be assets in amid a changing economic backdrop.

He also said the stock "avoids much of the EV hype and EV risk." Still, he said the company had an underappreciated opportunity in the space as it could move away from internal combustion engines without losing the core of the brand.Tesla shares fall following vehicle price cutson its two most expensive models in the U.S. to improve demand.

Net orders fell 1.6% from December, a small drop than the 1.8% slide expected by economists polled by Dow Jones.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Having Secretary of Commerce Gina Raimano double talking about building chip manufacturing production sites with female trade jobs is laughable! Raimano is in reality pushing ESG WOKE politics. She says Federal funding has no strings attached but there will be funding preferences

Bond yields are currently rising...

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Top Wall Street analysts pick these stocks for attractive returnsTipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Nvidia & Workday. Clickbait to $$$$$ join CNBC prime
La source: CNBC - 🏆 12. / 72 Lire la suite »

These are Wall Street analysts' favorite global stocks for U.S. investorsA weaker dollar and expectations of an economic rebound in China have bolstered global stocks. Rana sugar ka kya hai future
La source: CNBC - 🏆 12. / 72 Lire la suite »

Wall Street Concedes There Is Finally an Alternative to StocksWhy Wall Street is letting go of TINA—the notion that 'there is no alternative' to stocks Obvious. See: earnings last 12 months. Stock Market has never not been risky.
La source: WSJ - 🏆 98. / 63 Lire la suite »

U.K. stocks at record 40% discount to Wall Street will force London exodus, says CitiThe U.K. stock market trades at a record 40% discount to the U.S., a cheap rating that is hastening flight from the City of London, according to Citi. 'discount', lol
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

World stocks gain after Wall Street has best day in 6 weeksShares are mostly higher in Europe and Asia after strong data on the U.S. economy sent Wall Street to its best close in six weeks.
La source: ksatnews - 🏆 442. / 53 Lire la suite »