finished the day up roughly 1.2% in the wake of a downbeat week driven by mixed results for Big Tech earnings.
Oppenheimer's chief investment strategist John Stoltzfus lowered his price target for the S&P 500 to 4900 from 4400. Stoltzfus had held the highest year-end target for the S&P 500 among strategists tracked by Yahoo Finance. "Ironically even as economic and corporate earnings resilience have persisted since the end of July, market sentiment soured on stocks as market-priced interest rates moved higher and geopolitical risk ramped up," Stoltzfus wrote in a research note on Monday.
CEO and President Chris Kempczinski said the results demonstrate the company's"strength as the industry leader" in the release.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Stock market news today: US stocks rise as investors await Fed decision, Apple earningsInvestors are bracing for the Federal Reserve decision and Apple earnings later in the week.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »
Wall St eyes higher open as investors await Fed rate verdict, more earningsKitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
Sumber: KitcoNewsNOW - 🏆 13. / 78 Baca lebih lajut »
Futures advance as investors await Fed rate verdict; more earnings on tapKitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
Sumber: KitcoNewsNOW - 🏆 13. / 78 Baca lebih lajut »
Investors More Focused on Apple Earnings Than Federal Reserve MeetingInvestors are concerned about Apple's upcoming earnings report as the company faces a slump in smartphone sales and a decline in revenue for a fourth consecutive quarter. The stock is already struggling, erasing about $460 billion in market value. If Apple shows weakness, it could have a ripple effect on other stocks.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »
Stock market news today: US stocks rise as eyes turn to big week of eventsInvestors are bracing for the Federal Reserve decision and Apple earnings later in the week.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »