S&P 500 Extends Gain, Up 1.7%, Nasdaq Up 2.5%
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- S&P 500 ends higher as CoreWeave results fuel AI optimism
- Oil prices edge up as investors weigh US-Iran talks deadlock against lower demand
- CoreWeave soars after fifth straight quarter of record revenue, raised guide
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- Silver could surge to $90 as investment demand takes over, Citi says
- Lumentum Holdings (LITE) Tops Q4 EPS by 28c, Beats on Revenue; Offers Q1 Guidance
- Crude Inventory Rose 17.2 Million Barrels Last Week - EIA
- Aurora Cannabis rejects Curaleaf's unsolicited $4-per-share takeover bid
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- After-Hours Movers: CSCO, COHR, HLIT, CBRS, STUB, ENS
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JPMorgan Strategist Marko Kolanovic: 'A recession is currently not priced into equity markets, in our view...'
January 23, 2023 1:55 PM ESTJPMorgan Global Market Strategist Marko Kolanovic comments "The recent weakening of economic data and anticipated decline in earnings expectations/weak FY23 guidance are pointing to markets that are likely to move lower, in our view. Recent equity inflows are likely running out of steam, while pensions overfunded status could drive an increase in their reallocation from equities to bonds this year. A recession is currently not priced into equity... More

