Stock Market Overview
Sat, May 18th, 2024
Go To:
Premier Members can get their watchlist or portfolio delivered via email up to 5 times a day. Learn More >>
Stocks Settle Mixed as Indexes Consolidate Below Record Highs
Barchart - Fri May 17, 3:35PM CDT
The S&P 500 Index ($SPX) (SPY) Friday closed up +0.12%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.34%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.06%.
US stock indexes settled mixed on Friday as they consolidated just below this week’s all-time highs. Stocks garnered some support Friday on dovish comments made Thursday evening from Atlanta Fed President Bostic, who said if the outlook unfolds as he expects, referring to slowly moderating inflation and continued economic momentum, "then it could be appropriate for us to reduce rates toward the end of the year."
Higher T-note yields on Friday weighed on chip stocks and kept the Nasdaq 100 in negative territory. Hawkish comments from Fed Governor Bowman pushed T-note yields higher when she said, "With average core CPI this year through April running at an annualized rate of 4.3%, well above average inflation in the second half of last year, I expect inflation to remain elevated for some time."... Read more
Do Wall Street Analysts Like Amazon Stock?
Barchart - 25 minutes ago
As Amazon surpasses the broader market's performance over the past year, Wall Street analysts are bullish on the stock’s prospects.
Is Wall Street Bullish or Bearish on Advanced Micro Devices Stock?
Barchart - 1 hour ago
With Advanced Micro Devices' above-market returns on a YTD basis, Wall Street analysts are optimistic about its prospects.
Analysts Raise the Bar for Nvidia Stock Ahead of Q1 Earnings
Barchart - 1 hour ago
Nvidia stock has risen around 20,000% in the past decade, and might move even higher, according to analysts price targets. Let's see why.
Warner Bros. Discovery Stock: Is Wall Street Bullish or Bearish?
Barchart - Sat May 18, 10:11AM CDT
Despite underperforming the broader market YTD, Wall Street analysts are cautiously bullish about Warner Bros. Discovery’s prospects.
Warren Buffett Loves This Value Stock, But You Should Probably Wait
Barchart - Sat May 18, 9:30AM CDT
Warren Buffett has been spending billions of dollars in buying Berkshire Hathaway shares, even while being a net seller of stocks. Is Berkshire a value stock worth buying now?
Tesla Stock: Is Wall Street Bullish or Bearish?
Barchart - Sat May 18, 9:27AM CDT
While Tesla is lagging the broader market YTD, Wall Street analysts remain cautious about the stock’s prospects.
Sectors sorted by Daily Weighted Alpha Change
/Semiconductor%20Chip.jpg)
