S&P 500's Put/Call Ratio Hits 5-Year Low: Fear Fades and Bottom Near?
Microsoft, Berkshire Hathaway, Apple, Netflix, Palantir, Skechers: Biggest Movers
Trade Deficit Widens to a Record $140.5 Billion
US Morning News Call | India Proposes Zero-For-Zero Tariffs On Steel, Auto Parts
Economist Slok Sees Fed Leaning Toward Cuts
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.
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.
Federal Reserve Still to Assess Tariff Impacts -- Market Talk
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.
Express News | U.S. President Trump Will Meet with Canadian PM Mark Carney at 11:45 AM on Tuesday (E.T.), According to Forexlive
Dollar's Tumble Evokes '90s Asian Currency Crisis. How Stocks Could Suffer
The "Big Four" mass layoffs in the USA.
Against the backdrop of slowing growth in the consulting Business, PwC laid off 1,500 employees in the USA. This is to address the historically high employee turnover rate, while low turnover has exacerbated the financial pressures faced by the Big Four accounting firms.
Wall Street Futures Dip On Trump's New Tariffs, Fed Meeting In Spotlight
Stock Futures Are Little Changed as Wall Street Looks to Fed Policy Meeting
S&P 500 Global Sectors ranking: Technology, Hardware, Equipment, and Autos, along with Components and ETC, have declined.
Closing price Previous day comparison S&P 500 5650.38 -0.64% ■ Top gaining sectors Retail of food and consumer staples 1015.68 +0.46% Software and services 4967.02 +0.19% Food and beverage and Tobacco 867.77 +0.04% Business Services and supplies 731.15 +0.01% Bank 468.40 +0.00% ■ Top declining sectors Technology Hardware and machine
U.S. stocks closed: The three major Indexes all fell, with Berkshire dropping over 5%.
① Apple issued bonds for the first time in two years; ② The Board of Directors of Berkshire Hathaway voted to appoint Abel as CEO, while Buffett continues as Chairman; ③ The reorganization plan of OpenAI had to change and will continue to be controlled by a nonprofit entity.
U.S. Stocks' Rally Takes a Break -- Market Talk
Daily Roundup of Key US Economic Data for May 5
S&P 500 INDEX (SPX) Live: The Markets Turn Cautious in Data-Filled Week
ISM US April Services Index Rises Unexpectedly