Rate-Sensitive Sectors Must Rally With AI for S&P 500 to Reach 8,100: Citi
Citi's Scott Chronert says the S&P 500 needs both AI and rate-sensitive stocks to reach 8,100; rate-sensitive sectors have lagged since Jackson Hole.
Citi's Scott Chronert says the S&P 500 needs both AI and rate-sensitive stocks to reach 8,100; rate-sensitive sectors have lagged since Jackson Hole.
S&P 500 Q3 earnings growth is forecast at 29.6%, but a CNBC panel says AI company guidance will determine the market's direction.
Muse Wonder's release came Monday, and Meta shares rose 3.4%, about a third of September's 11% surge. Can subscribers cover that spending?
The yield spread between the S&P 500 and 10-year Treasuries has turned negative at -1.5%, meaning safer bonds now yield more than stocks.
Goldman Sachs turned bullish on stocks and bonds as four big banks prepare to report earnings Tuesday.
JPMorgan strategists expect Q3 earnings to support stocks as profit growth broadens beyond AI, despite recent volatility.
US stocks closed mixed to start the week, with the Dow rising but the Nasdaq falling sharply on declines in AI and chip stocks.
Spain's Ibex led European equity gains while US benchmarks were mixed and the dollar rose.
US stock indices fell on Monday. The S&P 500 and Nasdaq Composite held above their 100-hour moving averages, but the Nasdaq 100 slipped below, giving sellersβ¦
The S&P 500 is near its record even though 41% of its stocks sit more than 30% below their highs, with a few mega-caps carrying the index.
Tech billionaires added $845 billion in 2025 while non-tech lost $62 billion as AI boom boosted fortunes. Wealth gains do not guarantee investor returns.
Moderna is up 663% this year, the S&P 500's best performer, after its cancer vaccine trial with Merck passed a final-stage test.
US stocks closed higher on Friday, with the Dow up 423 points and the S&P 500 and Nasdaq also advancing. The Nasdaq finished with a fourth straight weekly gain.
Major US stock indices bounced after finding support at their 100-hour moving averages, but a drop in consumer sentiment added concern.
Trump said the US would not strike Iran before midterms, lifting the S&P 500 and dragging oil, Treasury yields and the dollar lower.