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RBC lifts S&P 500 target to 5,730, says stocks are on a 'slightly better path'
The stock market is on a "slightly better path," than it was in April, said RBC Capital's head of U.S. equity strategy research, Lori Calvasina, who lifted her S&P 500 target to 5,730 from 5,550. The ...
The Stock Market Isn’t Buying the Bears’ Gloomy Outlook
Bearish pundits have warned of portfolio and economic armageddon for months, yet the data reflect a more upbeat reality. Cooling inflation and strong earnings have softened geopolitical fears, and ...
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Wall Street Strategists Warn S&P 500’s Momentum Could Unravel Under Stagflation Pressure, Tariff Concerns
JPMorgan and RBC Capital Markets raised red flags on Monday over the S&P 500’s recent rally, citing that inflation risks, ...