News with the tag "50%"

JPMorgan chief executive Jamie Dimon says investors are turning a blind eye to the looming risks tariffs pose to the stock market and the economy. In a JPMorgan webcast posted by Bloomberg Television, Dimon says investors seem to be operating under a false sense of security following the S&P 500’s s...

Bitcoin pushed past $104,000 on Friday, climbing alongside a US stock market that’s closing out its strongest week in months, according to data from CNBC. The S&P 500 rose by 0.4% to extend its five-day winning streak, finishing the week up 5%, while the Nasdaq Composite added 0.2%, capping a 6% gai...

An executive at the banking titan Citi says that the S&P 500 (SPX) is not done rallying after most financial institutions were caught off guard by the sudden stock market recovery. In a new interview on CNBC Television, Stuart Kaiser, Citi’s head of US equity trading strategy, says that after the we...

Fundstrat’s Tom Lee sees a lot of opportunity in the stock market this year. In a new interview with CNBC, Lee argues that US businesses have demonstrated resiliency in the face of the pandemic, rate hikes and now tariffs. “Right now, the 10-Year yield at 4% I think isn’t a huge burden, not only for...

President Donald Trump told a crowd in Saudi Arabia on Tuesday that the markets are just getting started. “It’s going to get a lot higher,” he said, right as the S&P 500 posted its first gain since late February. The stock market and crypto both moved up, with the Nasdaq 100 climbing 1.6%, and the S...

Financial services giant Goldman Sachs is reportedly predicting that the S&P 500 (SPX) will hit a new all-time high over the next 12 months amid improving market conditions. In an investment note, analysts at Goldman raise their one-year target for the S&P 500 from 6,200 to a new record high of 6,50...

In a trading session that offered a tale of two markets, major US stock market indices closed with divergent results, leaving investors pondering the underlying dynamics. While tech-heavy growth stocks powered the Nasdaq and S&P 500 higher, traditional industrial giants lagged, pulling the Dow Jones...

Bank of America doesn’t think this year’s stock rally is going any higher. Michael Hartnett, one of the firm’s top strategists, said the rebound already happened, and now it’s just flatlining. Hartnett wrote in a note on May 8 that the rally was “correct,” based on optimism around tariff cuts earlie...

US markets jumped on Thursday after President Donald Trump confirmed a new trade deal framework between the United States and the United Kingdom, calling it the beginning of what he said would be an economic boom. The announcement marked the first big agreement since the White House rolled out sweep...

Technical analysis shows that Ethereum’s price action is currently completing a market structure that shows signs of revival. After weeks of struggling below key levels, Ethereum now appears to have completed a market structure break, with a technical analyst pointing to $1,500 as the zone where buy...