Catenaa, Wednesday, March 26, 2025- Barclays has slashed their year-end S&P 500 target to 5,900 with deteriorating economic data and reduced earnings power of the listed companies. Barclays Strategist Venu Krishna slashed his 2025 S&P 500 price target to 5,900 from 6,600 on Wednesday with deteriorating US economic data. The estimate cut reflects Barclay’s expectation […]
Catenaa, Monday, April 07, 2025- China investors saw an Ugly Monday as the markets fell by nearly 7% as the nation retaliates to US tariffs after an extended weekend. The Shanghai Composite index fell by 6.34% on Monday morning, CSI 300 fell by 6.47%, and the Hang Seng Index fell by 10.4%. A gauge of […]
Catenaa, Thursday, April 17, 2025- Global Payments stocks fell by nearly 17% on Thursday after the firm announced the acquisition of payment processing company Worldpay for $24 billion. Global payments made the acquisition from private equity firm GTCR and the remaining 45% from Fidelity National Information Services (FIS) for $24.25 billion in cash and stock. […]
Catenaa, Monday, March 03, 2025- Goldman Sachs says any rebound in the S&P 500 Index is likely to prove temporary amid concerns about the US economy as earnings growth for the year is revised to 9% from 11%. In a note on Monday, Goldman Sachs Strategist David Kostin said investor exposure declined last week as the […]
Catenaa, Wednesday, March 12, 2025– Goldman Sachs lowered its 2025 year-end target for the S&P 500 to 6,200 from 6,500 on Tuesday, due to policy uncertainty largely related to tariffs and concerns about the economic growth outlook. Goldman Sachs said a 4% reduction in its fair-value forward price-to-earnings (P/E) multiple from 21.5x to 20.6x. The firm also […]
Catenaa, Thursday, February 20, 2025 – US stocks closed at a record high on Wednesday, with the S&P 500 reaching its third record close of the year, as minutes from the Federal Reserve meeting in January stressed officials would stay till inflation improves for further rate cuts. Many stocks had opened lower after Trump said he was […]
Catenaa, Monday, April 21, 2025- The US stock market declined on Monday after President Donald Trump warned of economic slowdown unless the Federal Reserve cuts interest rates. “With these costs trending so nicely downward, just what I predicted they would do, there can almost be no inflation, but there can be a SLOWING of the […]
Catenaa, Wednesday, March 12, 2025- US inflation rose by slightly less than expected in February, official data showed on Wednesday, providing a momentary relief for investors and consumers as tariffs threatened to increase prices in the coming months. According to the US Labor Department, the consumer price index, increased by 2.8% year on year in February, cooling […]
Catenaa, Tuesday, April 22, 2025– US recession odds have increased by a minimum of 37% through analysis given by investments firms and IMF due to US trade tariffs and trade war with China. Citigroup’s Chief Economist Nathan Sheets said on Tuesday the U.S. has a 40% to 45% chance of recession. Sheets told clients in […]
Catenaa, Tuesday, March 04, 2025– US stocks fell in the early hours on Tuesday, after President Donald Trump’s promised tariffs tool effect. The Dow Jones Industrial Average dropped by over 765 points, or 1.77% after 2 hours into the market opening, while the S&P 500 fell 1.75%. The tech-heavy Nasdaq inched down 1.57 The policy taxes […]
Catenaa, Wednesday, April 23, 2025- US stocks were up across the board on Wednesday after President Trump said that he has no intention of firing Fed Chair Jerome Powell. Market also reacted to reports that Trump is considering slashing steep tariffs on China, even though Treasury Secretary Scott Bessent denied the claims and said that […]
Catenna, Friday, March 14, 2025- US stocks rallied on Friday after news of a government funding plan by lawmakers, as investors tried to finish a rocky week as all three major indexes were on track to continue their loss streak for another week. The Dow opened higher and surged 572 points, or 1.40%. The broader […]
Catenaa, Monday, April 07, 2025- Stocks reversed course in Wall Street on Monday after White House economic adviser Hassett President Trump is considering a 90-day tariff pause on all countries except China. In an interview with Fox news, National Economic Council Director Kevin Hassett said that President Donald Trump was considering a 90-day tariff pause […]