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.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
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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.
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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.
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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.
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