Friday's big stock stories: What's likely to move the market in the next trading session

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The S&P 500 and the Nasdaq Composite closed at fresh records Thursday as they extended their postelection rally. Here’s what CNBC is watching going…

Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today.Here's what CNBC TV's producers were watching as the Nasdaq Composite and S&P 500 extended their postelection rally, and what's on the radar for the next session., by the way, got a downgrade from Baird. Analyst David George thinks the stock will drop to $200, a roughly 15% decline from Thursday's close. Year to date, JPM is up about 39%.

"We find that expectations are quite high, with the stock trading at ~2.6x , 15% cap to assets, over 14x 2026 estimates, and ~10x — all close or at all-time highs," Baird's George wrote in his research report on JPM."We know we are fighting the tape here, but believe it makes sense to sell the stock.

Gundlach cited concerns with the jobs market and the deficit. But said,"We believe that if we keep the price of oil around the low $70s — which there has been a lot of resistance down around $70 — we think we're going to see a headline CPI where Jay Powell can declare a victory."Feeling out of the loop? We'll catch you up on the Chicago news you need to know.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 545. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: S&P 500 slips as Treasury yields jump; tech earnings eyedStock market today: S&P 500 slips as Treasury yields jump; tech earnings eyed
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500 closes above 5,800 for first time ever as banks rallyStock market today: S&P 500 closes above 5,800 for first time ever as banks rally
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500, Dow in fresh record close as Netflix shinesStock market today: S&P 500, Dow in fresh record close as Netflix shines
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500 clinches another record after Fed cuts rates againStock market today: S&P 500 clinches another record after Fed cuts rates again
Source: Investingcom - 🏆 450. / 53 Read more »