Nasdaq tumbles, Treasuries dip amid earnings, geopolitical crosscurrents
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/23/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Wells Fargo sees near term downside for S&P 500, remains bullish long-term
April 19, 2024 7:55 AM EDTAn analyst at Wells Fargo said in a note to clients Friday that it sees more downside for the S&P 500 despite his more bullish view over the longer term.
The bank notes that the S&P 500 is down 2.2% week-to-date due to the "triple-whammy" of higher rates, cautious 1Q24 comments around consumer demand, and continued geopolitical tensions.
"The rising rates, along... More
