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Sun. Nov 24th, 2024
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Attributes to look forNvidia shares down after Q3 results beatChewy’s stock jumps toward fresh highs after BofA’s U-turn to a bullish callTrump mulls creating first White House crypto post: ReportNvidia earnings are on deck. Here’s what Wall Street is watching forAJ McLean & Howie Dorough On Boy Band Success With Max Martin, Love Jung Kook & More | Billboard No. 1s Party 2024LIVE BLOG: Hezbollah Drone Hits Israeli Military Camp | Massacre in Jabaliya – Day 411Paul vs. Tyson Ring Girls Speak Out After Viral PerformancesHacker obtains House ethics testimony on Matt Gaetz as Trump makes calls for AG nomineeSpotify Wrapped 2024: Everything you need to knowHow To Bet On Football And Actually Make A Profit90 Day Fiancé’s Big Ed Reveals Why His Whirlwind Engagement EndedHow Tax Impact Preview worksUS broader indices close higher. Dow industrial average moves lower.Trump picking Warsh for Treasury would empower a critic of both the Fed and tariffsPaxos acquires Membrane Finance for EU stablecoin expansionH&R Block, Intuit stocks fall following Trump tax-filing app reportSabrina Carpenter Debuts ‘A Nonsense Christmas’ Preview at L.A Show‘No Plan B’ – UNRWA Urges Int’l Community to Challenge Israel’s BanFrancis Ngannou Shuts Down Jake Paul Fight Talk, ‘Don’t Be Silly’John Fetterman Says Elon Musk Moved The Needle For Trump In PAPerplexity now lets you buy stuff directly in the AI search engineJadon Sancho Impresses On Chelsea Loan, But Manchester United Future UncertainHow Jennifer Love Hewitt Is Guiding Daughter Autumn’s Acting CareerHow to plan for retirementImpact of immigration restrictions on US economy and forecasts for EUR/USD and USD/CNYCorporate bond spreads hit a record low last week — and may be an early sign of a bubbleBitfinex money launderer ‘Razzlekhan’ sentenced to 18 months in prisonTrump mass deportation to involve US military, invoke emergencyQuincy Jones & More Saluted at 2024 Governors Awards: Best MomentsIsraeli Strikes in Beirut, South Lebanon – Civilians Killed, Churches DamagedDominick Cruz Plans To Fight One Last Time, Hoping For Early 2025Philippines, US sign military intelligence-sharing deal to counter China | South China Sea News‘SNL’ revives Domingo in a ‘HOT TO GO!’ spoofAjax Announces Return Of Classic Logo For 125th AnniversaryChristina Haack Alleges Ex Josh Hall Felt “Insecure” By HerNew Zealand services PMI (October) 46.0 (prior 45.7)‘I opt to fly private — no matter what the cost’: The caviar in first class tastes like burnt plastic. What ever happened to airline standards?Senator Lummis says Treasury should convert gold for Bitcoin reserveRFK Jr. is pictured with McDonald’s burger on Trump Force OneDiddy Trying to Obstruct Justice From Jail, Prosecutors Say‘Held in a Grave’ – Khalida Jarrar Reveals Deadly Detention ConditionsBig Sean Says He Already Bought Super Bowl Tickets, Lions Are A Lock To Make It‘Consider providing some relief for the middle class’: Nirmala Sitharaman replies to X userList of celebrities who have left X since the electionUSA And Jamaica Set For CONCACAF Nations League ShowdownDave Coulier Shares Look into Chemotherapy Session Amid Cancer BattleFed’s Goolsbee says rates will be a lot lower “as long we keep making progress toward” 2%‘I handle my dad’s finances’: My father is in a nursing home and will get $100K in compensation. What should I do with it?Chainlink introduces the ‘Chainlink Runtime Environment’ frameworkHow high will Bitcoin go? Here’s what prediction markets sayZach Bryan Completes Deferred Prosecution Agreement, 2023 Case Closed‘No Complicity’ – Ireland’s Central Bank Urged to Cease Sale of Israel’s War BondsDana White Says Donald Trump, Conor McGregor Received Loudest Ovations EverTrump And Republicans Aren’t Likely To Have Total Control Of The Governmment For LongThe Ninja Slushi sold out at Best Buy in minutes, but it’s in stock elsewhereTyrell Malacia’s Long Road Back To Manchester UnitedPregnant Megan Fox Bares Her Baby Bump in Risqué Lingerie LookForexlive Americas FX news wrap: The yen rebounds strongly as US retail sales eyedTrump’s Treasury secretary choice: Scott Bessent, Larry Kudlow or Howard Lutnick might be pickedXRP outperforms crypto market with a 17% pump — What’s driving the rally?
Sun. Nov 24th, 2024

Stocks to continue higher through 2025. AI, Fed cuts, and strong economy underpin.


UBS global wealth management has a target for the S&P 500 at 6600 by the end of 2025.

Analysts there argue for the continued rally citing:

  • continued growth in AI-related capex reported by all three tech giants supports the positive structural trend
  • best opportunities in AI-linked semiconductors and US megacaps
  • combination of solid growth and Fed rate cuts provides a supportive backdrop for risk assets
  • AI trend should lend further fundamental support to equities

The 3 tech giants referred to are Microsoft, Alphabet and Meta.

And yeah, like the subheading to the post says, equity falls today. NASDAQ update:

This article was written by Eamonn Sheridan at www.forexlive.com.



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