The firm raised its year-end S&P 500 price target to 4,900 — the highest in CNBC's Market Strategist survey.
Easing inflation pressures will translate into even more gains for the S & P 500, according to Oppenheimer. The firm raised its year-end S & P 500 price target to 4,900 — the highest in CNBC's Market Strategist survey . That forecast represents upside of 6.8% from Monday's close of 4,588.96. Stocks have already had a stellar year. Through Monday's close, the S & P 500 is up 19.5% for 2023. .
SPX YTD mountain SPX in 2023 "Inflation stateside continuing to trend lower [is] showing that the Federal Reserve's efforts are having effect in curbing untoward levels of inflation experienced since late 2021 and into mid-year 2022," wrote chief investment strategist John Stoltzfus in a note Tuesday.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
What are the trending searches about Barbie? - KRLD NewsQuestions about the cast of Barbie top Google's list oftop trending searches for the month of July. When Americans headed over to Google.com here were the top trending search questions on Barbie: 1. Is Billie Eilish in the Barbie movie? 2. Is Shay Mitchell in Barbie? 3. Is Karol G in the new Barbie movie? 4. Is Barbie a musical? 5. Is Dua Lipa in Barbie? 6. Is Nicki Minaj in the Barbie movie? 7. Who is in Barbie? 8. Where is the Barbie premiere? 9. Is Issa Rae in the Barbie movie? 10. Is the Barbie movie appropriate for kids? And when it comes to the top trending questions about Christopher Nolan's Oppenheimer: 1. Where to watch Oppenheimer 70mm imax? 2. What did Oppenheimer die of? 3. Is there CGI in Oppenheimer? 4. When does Oppenheimer open? 5. What is Oppenheimer film about? 6. How should I watch Oppenheimer? 7. Where to see Oppenheimer? 8. Is there nudity in Oppenheimer? 9. How long is Oppenheimer movie? 10. Who is playing Oppenheimer? KRLD's John Liddle talked with Google Trends expert Elizabeth Howard about 'Barbenheimer' and other big trending themes through July. Image: Mark Makela / Contributor Getty Images
Les mer »
GM recalls nearly 900 vehicles with Takata air bag inflators, blames manufacturing problemPotential for the dangerous malfunction led to the largest series of auto recalls in U.S. history, with at least 67 million Takata inflators involved.
Les mer »
GM recalls nearly 900 vehicles with Takata air bag inflators, blames manufacturing problemEYE ON YOUR MONEY: General Motors is recalling nearly 900 vehicles in the U.S. and Canada with Takata air bag inflators that could explode and hurl shrapnel in a crash.
Les mer »
Curve Finance's Token Surges 500% on Bithumb After Major ExploitThe CRV/KRW pair listed on South Korea's Bithumb exchange has decoupled from the CRV/USD pairs listed on Western exchanges that exhibit price weakness.
Les mer »
U.S. stocks open higher as S&P 500, Nasdaq headed for fifth straight monthly gainU.S. stocks opened higher on Monday, the final session of July, as the three main indexes appeared poised for sizable monthly gains. The Dow Jones Industrial Average was little-changed at 35,470:
Les mer »
Gambler 500 Rally: Trash and Fun, Not Necessarily in That OrderThe wacky rally focuses on off-road garbage cleanup, but it's also an off-road jamboree with wild machines and instant friends.
Les mer »