This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: RBC Capital’s Lori Calvasina became the latest strategist to raise her 2024 price target for the S&P 500 on Monday, lifting her forecast to 5,150 from 5,000. But by raising expectations for the benchmark index this year, Calvasina actually offered a more tempered outlook for stocks than what her team set forth in November 2023. “When we introduced our 5,000 target back in… Source link
Read More »Wall Street reacts to Boeing’s plunge after FAA grounds 737 MAX jets
Boeing (BA) stock tumbled on Monday, falling more than 8% in morning trading after the Federal Aviation Administration ordered the temporary grounding of some Boeing 737 Max 9 jets. The planes under question are fitted with a door plug that flew off an Alaskan Airlines plane midair on Friday. The order from the FAA will impact 171 planes. Friday’s incident isn’t the first time the 737 Max has been under scrutiny. Two fatal crashes in 2018 and 2019 that together killed all 346 passengers and… Source link
Read More »US economy adds 216,000 jobs, shocking Wall Street
The US economy ended 2023 on a high note. The labor market added 216,000 jobs in the month of December, up from 173,000 the previous month, surprising Wall Street once again to close out 2023. Economists surveyed by Bloomberg had expected 175,000. Data from the Bureau of Labor Statistics released on Friday showed the unemployment rate was 3.7% for the month, flat from the rate seen in November. Economists had expected the unemployment rate to tick higher to 3.8%. Investors were closely… Source link
Read More »Stock market news today: Stocks little changed as Wall Street closes a record year – Yahoo Finance
[unable to retrieve full-text content]Stock market news today: Stocks little changed as Wall Street closes a record year Yahoo Finance Source link
Read More »Wall Street on Edge Before Key US Inflation Gauge: Markets Wrap – Yahoo Finance
[unable to retrieve full-text content]Wall Street on Edge Before Key US Inflation Gauge: Markets Wrap Yahoo Finance Source link
Read More »Chart of the Week: Where Wall Street sees the S&P going in 2024 – Yahoo Finance
[unable to retrieve full-text content]Chart of the Week: Where Wall Street sees the S&P going in 2024 Yahoo Finance Source link
Read More »Billions Wiped Out as Stock-Safety Trade on Wall Street Misfires – Yahoo Finance
[unable to retrieve full-text content]Billions Wiped Out as Stock-Safety Trade on Wall Street Misfires Yahoo Finance Source link
Read More »Billions wiped out as stock-safety trade on Wall Street misfires – Yahoo Finance
[unable to retrieve full-text content]Billions wiped out as stock-safety trade on Wall Street misfires Yahoo Finance Source link
Read More »Google Antitrust Trial Exposes Deepening Rift With Microsoft – The Wall Street Journal
[unable to retrieve full-text content]Google Antitrust Trial Exposes Deepening Rift With Microsoft The Wall Street Journal Source link
Read More »Wall Street is sometimes right to be wrong: Morning Brief – Yahoo Finance
[unable to retrieve full-text content]Wall Street is sometimes right to be wrong: Morning Brief Yahoo Finance Source link
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