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JPMorgan Chase lowered its target price for 3M from $205 to $185.
2026-10-09
JPMorgan Chase lowered its target price for 3M from $205 to $185.
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2026-10-09
The S&P 500 closed at a record this week, but gains were concentrated in a handful of AI beneficiaries, obscuring growing fragmentation in the U.S. economy and financial markets. With less than a month to the midterm elections, a rally that favors Re
The S&P 500 closed at a record this week, but gains were concentrated in a handful of AI beneficiaries, obscuring growing fragmentation in the U.S. economy and financial markets. With less than a month to the midterm elections, a rally that favors Republicans could become a political liability for Trump. Consumer, travel, transportation, real estate and financial stocks have slipped; the The median S&P 500 constituent is down roughly 4.3% over the past month. On Tuesday the index made a record while only 30% of constituents traded above their 50-day moving averages — narrower breadth than the 1998–2000 internet bubble period, when the most narrow record still had 41% above their 50-day averages. Strong performances from Meta, Microsoft, NVIDIA and the semiconductor sector accounted for most of the advance.
2026-10-08
New York Times reports the U.S. will control the board of the new entity in the Lukoil transaction.
New York Times reports the U.S. will control the board of the new entity in the Lukoil transaction.
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