Trump recommends 50% tariff on the European Union, starting June 1
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- 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
JPMorgan on SP500: 'reiterating the tactical bullish view', 'We think higher'
May 27, 2025 6:01 AM EDTJPMorgan: 'reiterating the tactical bullish view'
The analyst comments "The SPX fell 2.6% last week, trimming the MTD gain to 4.2% and pushing the YTD return back into negative territory, -1.3%. On the week, SPX outperformed, SPW and RTY while trailing NDX; the US underperformed most major International DM markets... More
