This year has been good for bank stocks after a hiccup in April because of Donald Trump’s “Liberation Day” tariff plans. Since then, markets have rebounded strongly and reached record highs, supported by the Federal Reserve’s interest rate cuts.
Source: https://www.zacks.com/stock/news/2808832/3-bank-stocks-with-…
A pair of chipmakers were among the top performers in the S&P 500 and Nasdaq Tuesday after the stocks won fresh bullish calls on Wall Street.
When it comes to artificial intelligence (AI) and quantum computing, large and mega-cap stocks have captured the majority of investor attention. All of the Magnificent Seven companies play some role in AI, from NVIDIA’s NASDAQ: NVDA advanced chips to Tesla’s NASDAQ: TSLA pursuit of autonomous driving.
The S&P 500 is chugging along at a solid rate, as it’s up 17% over the past year and up 2.5% over the past month. Market mavens should like what they see as the index crests the 6,950 mark, with 7,300 very much in play.
