JPMorgan traders "draw the line": U.S. stocks first break 6000, then hit a new low!

JPMorgan expects that, driven by factors such as the activation of CTA strategy and accelerated Share Buybacks, the S&P 500 Index will first challenge the 6000-point mark. However, afterwards, if investors hold a pessimistic view on the mid-term outlook under high tariffs, the market may retest low levels. JPMorgan agrees with the current widespread view of an economic recession and anticipates a significant decline in hard data such as non-farm employment and retail sales in the next 1-2 months.

wallstreetcn23minutes ago

Microsoft, Berkshire Hathaway, Apple, Netflix, Palantir, Skechers: Biggest Movers

Barron's13:51 ET

Goldman Sachs lowers the target for the S&P 500 Index, Bullish on the outlook for the Technology, Medical, and Financial Sectors.

Citi has significantly lowered its year-end target for the S&P 500 Index from the original 6,500 points to 5,800 points, while also reducing its EPS forecast from $270 to $255, and has particularly recommended four advantageous sectors: Information Technology, Communications Services, Medical Care, and Financial stocks.

Zhitong Finance02:25 ET

Deutsche Bank: The sell-off of USA Assets has been excessive.

Deutsche Bank pointed out that at the beginning of April, the USA market experienced significant volatility, but the panic regarding the dollar, USA Consumer data, and overall confidence in USA Assets may be exaggerated. From a relative valuation perspective, some cyclical USA Consumer stocks may begin to show investment attractiveness. Although policy volatility may persist, the narrative of "selling dollar Assets" may have reached its peak.

wallstreetcn23:42 ET

Express News | U.S. President Trump Will Meet with Canadian PM Mark Carney at 11:45 AM on Tuesday (E.T.), According to Forexlive

Moomoo 24/722:53 ET

Dollar's Tumble Evokes '90s Asian Currency Crisis. How Stocks Could Suffer

Barron's20:44 ET