Wall Street ticks toward a record
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President Donald Trump sent the U.S. stock market on a jagged round trip after saying he had “talked about the concept of firing” the head of the Federal Reserve
With Wall Street's surge to record highs, the U.S. stock market looks nearly as expensive as ever, and investors are debating whether the lofty valuations are a bearish signal or justified by the technology-heavy market's profit outlook.
Wall Street digested a surprisingly cool wholesale inflation reading and more big bank earnings, with one eye on Trump's latest tariff moves.
US Stock market today shows muted moves as Dow, S&P 500, and Nasdaq futures trade flat while Wall Street reacts to political tension between President Trump and Fed Chair Jerome Powell. Investors are also watching June retail sales data and Netflix earnings,
Several Wall Street investment banks and research organizations have recently lifted their year-end targets for the S&P 500. Bank of America and Goldman Sachs upwardly revised their outlooks in July, following Barclay, Citigroup, and Deutsche Bank, all of which raised their outlooks in June.
President Donald Trump’s signature tax and spending legislation is providing short-term clarity for Wall Street but fueling concerns about the long-term health of the US economy, investors say.
Bubble talk has been rising on Wall Street in the years since ChatGPT set off an AI frenzy in the stock market.
This metric has a 100% success rate of forecasting future stock market returns when back-tested over more than 150 years.
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