S&P 500 rally in Q4 “more likely than not” despite headwinds – Morgan Stanley

S&P 500 rally in Q4 “more likely than not” despite headwinds – Morgan Stanley

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights Oct 16 (Reuters) – A rally in the S&P 500 in the fourth quarter of 2023 “is more likely than not”, Morgan Stanley’s Michael Wilson said in a note. … Read more

Nvidia shares hit record high as AI demand fuels record results

Nvidia shares hit record high as AI demand fuels record results

A Nvidia logo is seen on one of their products on display at their headquarters in Taipei, Taiwan May 31, 2023. REUTERS/Ann Wang/File Photo Acquire Licensing Rights Aug 24 (Reuters) – Shares of Nvidia (NVDA.O) rose as much as 6.7% on Thursday, hitting an all-time high, after the company unveiled a $25 billion stock buyback … Read more

US bank stocks fall on prospect of tougher oversight, more downgrades

US bank stocks fall on prospect of tougher oversight, more downgrades

A person waits on the Wall Street subway platform in the Financial District of Manhattan, New York City, U.S., August 20, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing Rights Aug 15 (Reuters) – Shares of U.S. banks dropped on Tuesday as the prospect of tighter regulations and a possible downgrade of several lenders by Fitch Ratings … Read more

Fitch downgrade highlights investor worries about US fiscal picture

Fitch downgrade highlights investor worries about US fiscal picture

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 26, 2023. REUTERS/Brendan McDermid/File Photo Aug 2 (Reuters) – Fitch’s downgrade of the U.S. credit rating is likely to exacerbate unease about the country’s debt position, political polarization and the global standing of the U.S. dollar, investors … Read more