One Wall Street Firm Drops S&P 500 Target, Says Practice Is Futile
By Alexandra SemenovaPredicting the benchmark's performance in absolute terms seems pointless given the concentration of firms in the gauge, says a strategist.
July 03, 2024
S&P 500 Closes at Record High Ahead of HolidayThe index rose to around 5,535, notching its 33rd record in 2024, on bets Fed policy easing will keep fueling Corporate America.
July 03, 2024
JPMorgan's Kolanovic to Exit Amid String of Poor Stock CallsThe move follows a disastrous two-year stretch of stock-market calls by the strategist, who has a 4,200 target for the S&P 500 in 2024.
July 03, 2024
10 Most Livable Cities in the World: 2024The average score across the 173 cities in the Economist Intelligence Unit's global livability index increased to 76.1.
July 03, 2024
Is This Outcome Worse Than Going Broke in Retirement?It's rational for a retiree to fear running out of money, but it's also easy to miss the bigger picture.
July 03, 2024
New York Life Aims for Your Executive Clients' Retirement MoneyThe company has hired Joe Grieco to make the non-qualified deferred comp market a focus.
July 03, 2024
When Clients Consider You 'One of the Family'As anyone with a family knows, there are pros and cons to such close relationships.
July 03, 2024
5 Things to Know About the Global Life High-Net-Worth MarketA Manulife exec recently talked about reaching the wealthy, the ultra-wealthy and "millionaires next door."