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At Close: Jul 20, 2026

S&P 500 at 8000? A Chip Correction?

01:01pm, Monday, 08'th Jun 2026
Stocks got a big scare last week. There's disagreement on what happens next on Wall Street.
Citi strategist Scott Chronert lifted his year-end S&P 500 target to 8100, arguing that strong earnings growth and AI spending continue to outweigh macroeconomic risks.
No question, Q1 '26 financial results for the S&P 500 companies have been nothing short of phenomenal, particularly for the technology sector. With all the hyperbole around AI, is this kind of sector
Intel stock leads the S&P 500 higher after sinking 11% on Friday. The AI trade is picking up momentum again after last week's selloff.
“The retreat in bond yields has been supportive of the market
The S&P 500 is near an all-time high, and its P/E ratio has soared. The SPYM ETF is one of the best core options, as it is the cheapest of the major S&P 500 ETFs.
Marvell Technology rose in premarket trading on Monday after it was announced it would be joining the S&P 500 index. The stock surged last week after Nvidia's CEO, Jensen Huang, touted Marvell as the
A trading expert has warned that the S&P 500 could face a deeper correction after the index broke several key technical support levels, increasing the risk of further downside in the coming weeks.
President Trump pressured Jerome Powell on multiple occasions to push interest rates lower. The ability of the Fed to make decisions free from political forces is essential for it to fulfill its dual
A remarkable two-month sprint higher for major stock-market indexes encountered its first major hiccup on Friday as the Nasdaq Composite plummeted more than 1,121 points — the biggest one day point
Marvell Technology, which makes parts and products needed for the AI infrastructure boom, is joining the S&P 500 It is the latest semiconductor company to be added to the benchmark.
Chipmaker ​Marvell ‌Technology is ​set ​to ⁠join ​the benchmark ​S&P 500 ​index, ​S&P Dow ‌Jones ⁠Indices said ​on ​Friday.
The Amplify CWP Enhanced Dividend Income ETF uses an active selection process that favors quality, dividend-growing large caps, with covered calls on individual holdings and a 4.78% distribution rate.
Marvell, Reddit and a mortgage “dark horse” could make the cut during the next quarterly rebalancing of the benchmark index.
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