2024-06-17 23:59:53

Wall Street Surges to New Highs as Tech Stocks Fuel Bullish Sentiment

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Amid a surge in optimism, US stocks, including the S&P 500 and Nasdaq, hit fresh record highs with the Dow Jones also seeing gains. Analysts revise year-end targets for the S&P 500, attributing the rally to tech stocks and robust corporate earnings growth.

Despite concerns about market breadth and potential pullbacks, investors remain confident in the market's growth potential. Futures fluctuate as investors await economic data and Fed comments, with expectations of key market movements this week.

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Yahoo Finance
17. Juni 2024 um 16:16

Stock market today: S&P 500, Nasdaq hit fresh record highs as Wall Street gets bullish

Finance
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US stocks held near record-highs as Wall Street wonders if the bull rally has more room to run. Tech-heavy Nasdaq and S&P 500 gained, with Dow Jones erasing losses. Evercore ISI and Goldman Sachs revised their year-end price targets for the S&P 500.
Yahoo Finance
17. Juni 2024 um 16:16

Stock market today: S&P 500, Nasdaq hit new record highs as Wall Street gets bullish

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US stocks held near record-high levels with the tech-heavy Nasdaq Composite and S&P 500 hitting new highs. Wall Street is optimistic about the market's potential for further growth in 2024.
Yahoo Finance
17. Juni 2024 um 20:00

Stock market today: Stocks zoom higher as S&P 500 notches 30th record close of 2024

Finance
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US stocks surged to record highs on Monday, with the S&P 500 achieving its 30th record close of 2024. Tech-driven rally led Wall Street to raise year-end targets for the S&P 500, with the index surpassing 5,400 and closing at 5,473 on Monday. Investors are eyeing upcoming retail sales data and hints of potential rate cuts from Fed officials.
INVESTING - TheStreet
20. Juni 2024 um 11:27

Analysts revisit S&P 500 price targets as tech powers record run

Finance
Technology
Economy
Wall Street analysts are revising their price targets for the S&P 500, expecting solid gains driven by Federal Reserve rate cuts, strong performance from tech stocks, and robust corporate earnings growth. The S&P 500 has already produced 30 record closes this year and is predicted to continue its record run in the second half of the year. The concentration of market value in a few megacap tech stocks is raising concerns about market breadth and potential pullbacks.
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