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At Close: Aug 07, 2026

Wall Street banking giant updates S&P 500 target

07:11am, Wednesday, 27'th May 2026
American banking giant Goldman Sachs has raised its 2026 year-end target for the S&P 500 as the index trades near record highs.
The big rally since late March has more than undone the market weakness earlier this year. This bullishness, however, isn't evenly distributed.
Speculative fervor is high but not at elevated levels pointing to a big market pullback
The market is still trading near all-time highs, but volatility is increasingly unnerving.
The hottest thing in the U.S. this summer isn't the weather — it's the rip-roaring stock market.
US stocks finished mixed on Tuesday, with the S&P 500 and Nasdaq Composite reaching fresh record highs as investor enthusiasm around artificial intelligence and semiconductor stocks offset ongoing geo
JPMorgan Equity Premium Income ETF (JEPI) has deviated completely from the broader US stock market. It has dropped by over 5.90% from its highest point this year, even as the S&P 500, Dow Jones, and N
Ed Yardeni, Yardeni Research president, joins 'Squawk Box' to discuss the latest market trends, FOMO vs. FEMO (fabulous earnings momentum), state of the economy, and more.
Ever since Big Tech went all in on artificial intelligence more than three years ago, seven companies have done the heavy lifting for overall S&P 500 earnings growth. But more recently, the other 493
The stock market is doing something that would have seemed impossible just weeks ago.
One key part of last week's blog post was the late 1990s “tech market cap vs. earnings (EPS) weight”. Today, the tech sector's market cap is roughly 37%, versus the earnings weight of 30.8%, while
The S&P 500 Index remains in a bull market and is trading at a record high, driven by numerous catalysts: strong corporate earnings and investors moving past the Iran war, mirroring their response to
It is easy to get caught up in Wall Street's emotional swings, so try not to pay too much attention.
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