2023-12-18 14:35:16 Goldman Sachs Group Inc. strategists have raised their 2024 target for the S&P 500 index just a month after setting it. Goldman’s Kostin expects S&P 500 to approach record high next year With the Fed’s dovish turn last week and inflation slowing, real yields will fall, supporting stock valuations, the team led by … Read more
2023-12-15 07:41:21 On the 15th, the Securities and Exchange Surveillance Commission recommended that the Financial Services Agency impose administrative sanctions on SBI Securities, a subsidiary of SBI Holdings, for manipulating the initial stock price during its initial public offering (IPO).announcementdid. According to the presentation materials, from December 2020 to September 2021, the executive officer and … Read more
2023-12-12 19:39:00 Federal Reserve Chairman Jerome Powell has said that curbing inflation will have to be painful. However, there is now a growing possibility that this will not happen. The current unemployment rate is 3.7%, about the same level as it was in March 2022, when the interest rate hike began. Meanwhile, the pace of … Read more
2023-11-30 13:43:00 Growth in U.S. personal consumption expenditures (PCE) in October slowed from the previous month as inflation continued to slow. This suggests that the economy is shifting to a lower gear. Key Points PCE core price index rises 0.2% month-on-month Market forecast also rises 0.2% Last month rises 0.3% Year-on-year rise 3.5% (in line … Read more
2023-11-29 13:36:51 The revised U.S. real gross domestic product (GDP) for the July-September period (third quarter) has been revised upward from preliminary figures, marking the highest growth rate in about two years. This reflects upward revisions to capital investment and government spending. Key Points Revised U.S. real gross domestic product (GDP) increased at an annual … Read more
2023-11-28 12:48:09 The market that led the S&P 500 to one of its best November gains in 100 years is running out of steam. A Citigroup strategist expressed this view. Futures flows have been “mixed” over the past week, with the net position in S&P 500 futures “moderately bearish,” according to Chris Montague’s team. The … Read more
2023-11-27 12:58:32 There are growing expectations that the S&P 500 stock index will reach a new record high within the next year. Deutsche Bank strategists set the most bullish targets on Wall Street. The bank’s team, led by Binky Chadha, expects the S&P 500 to reach 5,100 by the end of 2024, about 12% above … Read more
2023-10-24 14:59:47 S&P Global announced on the 24th that the preliminary Purchasing Managers’ Index (PMI) for October, which combines the US manufacturing and service industries, has increased from the previous month. A recovery in demand in the manufacturing industry and a slowdown in inflation in the services sector contributed. Key Points Composite PMI preliminary report … Read more