Similar Stories to Market Extra: Bank Of America Cuts S&p 500 Year-end Target Again As Uncertainty Grows on Bing News

Bank of America Merrill Lynch lowers its year-end target for the S&P 500 for the second time since early September and warns that a lack of companies providing outlooks this earnings season could provide a headwind to the broader market.

BING NEWS:
  • Wall Street strategists rush to revise their S&P 500 targets as stocks hit fresh records. Here’s what they see happening.
    The stock market’s renewed record-setting rally has blindsided Wall Street’s top strategists, prompting many to swiftly revise their year-end S&P 500 targets in an effort to keep pace with a surge ...
    05/20/2024 - 8:53 am | View Link
  • Factbox-Brokerages lift S&P 500 target on hopes for soft landing, rate cuts
    (Reuters) -Brokerages have raised their year-end targets for the U.S. stocks benchmark S&P 500, spurred by expectations of a "soft landing" for the economy and growing odds the Federal Reserve will ...
    05/20/2024 - 2:39 am | View Link
  • Deutsche Bank lifts S&P 500 year-end target to Street-high of 5,500
    Deutsche Bank has raised its 2024 year-end S&P 500 target to 5,500, the highest among major brokerages, banking on strong corporate earnings to support equity valuations.
    05/19/2024 - 10:31 pm | View Link
  • Airline strike threat as pilots reject £200,000 pay deal
    Wages have grown more over the past 12 months than over the previous 16 years, despite the productivity crisis plaguing Britain’s workforce, research shows.
    05/13/2024 - 10:46 am | View Link
  • Soaring Treasury Yields Challenge Stock-Market Gains
    California Fast-Food Chains Are Now Serving Sticker Shock A Media Heiress’s Bid to Sell Sets Off Mayhem Inside Paramount In America’s Biggest ... Even If the Fed Cuts, the Days of Ultralow ...
    04/27/2024 - 8:00 pm | View Link
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