S&P 500

US stocks

JPMorgan turns positive on US stocks, sees S&P 500 advancing in 2025

The shift in views removes JPMorgan as one of few remaining contrarians on Wall Street.

US stocks

Morgan Stanley raises base case S&P 500 price target to 6,500

The firm maintains a wider than normal bull versus bear case skew, with a bull case of 7,400 and bear case of 4,600.

US stocks

Wall Street’s eyes are on the election, its money not so much

Most traders see volatility coming this week, possibly lots of it with the strong likelihood of a disputed result dragging the vote count out for weeks or even months.

US stocks

Bank of America clients ditch stocks for the first time in three weeks

The offloading was seen across seven of the 11 S&P 500 industry groups but was most prominent in technology stocks.

US Economy

Goldman Sachs strategists say US sales forecasts for 2025 are too high

Goldman Sachs expects S&P 500 sales to rise by 4% in 2025 compared with 6% this year.

Markets

S&P 500 snaps longest streak without a 2% decline since 2007

This comes after the index rose as much as 15% above its 200-day moving average last week.

Markets

Short sellers gained US$10 bil in second quarter despite S&P 500 rally

This signals that investors are flocking to just a few megacap technology stocks amid an uncertain macroeconomic backdrop.

US stocks

Goldman Sachs boosts S&P 500 target on upbeat profit outlook

Goldman now sees the US stock benchmark index finishing the year at 5,600, up from a 5,200 level they predicted in February.
Rate cuts unlikely this year: Moomoo Singapore - THE EDGE SINGAPORE

Global Economy

Rate cuts unlikely this year: Moomoo Singapore

US tech names are technically overdue for a correction, and recent weaknesses were “more of a retracement”.

Right Timing

Little change in sideways rang for Straits Times Index as reporting season kicks off

Equity markets led by STI appear in the doldrums as corporate reporting season gets underway
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