Citi sees a big year for stocks in 2024 with S&P 500 finishing at 5,100
This year's broader market rally isn't over just yet, according to Citi. "We look for further S & P 500 upside in the year ahead. However, investors need to be prepared for changing conditions as 2024 unfolds," market strategist Scott Chronert wrote in a Friday note. "Following...
Stocks making the biggest moves midday: Macy’s, Cigna Group, Eli Lilly,...
Check out the companies making headlines in midday trading. Macy's — Shares jumped 21% after Macy's, according to sources , received a buyout offer for $5.8 billion from two investment firms. Other department store chains also rose on the report, with shares of Nordstrom and...
Warren Buffett’s Berkshire Hathaway continues to sell HP shares, reducing...
Warren Buffett tours the floor ahead of the Berkshire Hathaway Annual Shareholder's Meeting in Omaha, Nebraska.David A. Grogan | CNBCWarren Buffett's conglomerate Berkshire Hathaway has reduced its stake in HP to 5.2%, according to a regulatory filing released Monday night.The...
India overtakes Hong Kong to become the world’s seventh largest stock...
Pedestrians walk towards the Chhatrapati Shivaji Terminus train station at dusk in Mumbai, India, on Wednesday, Oct. 4, 2023.Bloomberg | Bloomberg | Getty ImagesIndia's stock market value has overtaken Hong Kong's to become the seventh largest in the world as optimism about the...
Michael Milken says the Fed won’t move too early and risk massive inflation...
Michael Milken attends Prostate Cancer Foundation's Dinner At Daniel on November 19, 2019 at Daniel in New York City.Paul Bruinooge | Patrick McMullan | Getty ImagesFamed investor Michael Milken expects the Federal Reserve will move slowly on monetary policy — if history is any...