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Why this analyst lifted S&P 500 target to 7,000 for 2025 and cited ‘meltup’ risk

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1 month ago

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Donald Trump’s White House administration may fuel the S&P 500’s rally to 7,000 by the end of  next year, as the apparently jubilant U.S. stock market runs the risk of a melt up, according to Yardeni Research.

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Treasury yields trim declines after PCE inflation reading edges up from Fed’s target

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3 weeks ago

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November 27, 2024

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Treasury yields were trimming earlier declines after a barrage of pre-Thanksgiving economic data added to the case for gradual Fed rate cuts .

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Jobless claims slide to 7-month low. Businesses not cutting many jobs.

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3 weeks ago

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November 27, 2024

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The number of Americans who applied for unemployment benefits in the week before the Thanksgiving holiday dipped to a seven-month low in a sign of strength for a steadily expanding U.S. economy.

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More turnover at the top, but this bull still believes in the Weight Watchers parent

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3 weeks ago

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November 27, 2024

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D.A. Davidson reckons WW is a buy as its customers need more than a prescription.

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