Wells Fargo unveils 2024 target, warns of ‘really, really sloppy’ first half for stocks
Wells Fargo Securities is officially out with its 2024 stock market forecast. Chris Harvey, the firm’s head of equity strategy,…
Wholesale prices fell 0.5% in October for biggest monthly drop since April 2020
Wholesale prices in October posted their biggest decline in 3½ years, providing another indication that the worst of the inflation…
New fund bets big on Eisenhower-era stocks
Investors concerned about the market may want to consider stocks that have stood the test of time — otherwise known…
Retail sales rose 0.7% in September, much stronger than estimate
Consumers showed surprising strength in September, boosting retail sales well above expectations despite high interest rates and worries over a…
Consumers starting to buckle for first time in a decade, former Walmart U.S. CEO Bill Simon warns
The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week,…
JPMorgan’s Marko Kolanovic braces for 20% market plunge, delivers recession warning
JPMorgan’s Marko Kolanovic is bracing for a 20% sell-off to hit the S&P 500. According to the Institutional Investor hall-of-famer,…
Don’t count out more rate hikes due to strong jobs market, former Fed governor Kroszner suggests
Don’t count out additional interest rate hikes, according to former Federal Reserve governor Randall Kroszner. Kroszner, who’s now a University…
Retail sales increased 0.7% in July, better than expected as consumer spending is holding up
Consumer spending held up well in July as inflation slowed, with retail sales turning in a stronger-than-expected showing for the…
Stocks making the biggest premarket moves: Nvidia, Best Buy, Snowflake, Carnival and more
Check out the companies making the biggest moves in premarket trading Thursday. Nvidia — Shares soared 28% after the chipmaker…
Stocks making the biggest moves after hours: Gap, Marvell Technology, RH, Ulta and more
Check out the companies making headlines in after-hours trading. Gap — Shares surged 15% in the postmarket following the retailer’s…
