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The S&P 500 Index has rallied sharply off the April low. That said, it has reached an important short-term price resistance area at its MOB target band at 6027.
U.S. Dollar Index has also tested session highs after the release of the report.
Deutsche Bank has raised its year-end target for the S&P 500 to 6,550 from 6,150, citing lower tariff-related earnings drag and a resilient economy, in a move that comes amid a broader wave of target upgrades by major Wall Street brokerages.
Dow, S&P 500, and Nasdaq all close higher; Magnificent 7's gains; Zscaler CEO on earnings and growth
Asking for a Trend, anchor Josh Lipton breaks down the day's market trends for June 2, 2025. Markets shrugged off a flare-up of US-China trade tensions, as all three major indexes closed higher on Monday, June 2.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Scarlet Fu, Tim Stenovec, Emily Graffeo. -------- More on Bloomberg Television and Markets Like this video?
Lori Calvasina, RBC Capital Markets head of US equity strategy, joins 'Closing Bell' to discuss the latest news affecting markets, where fair value is and much more.
In 2024, S&P 500 CEOs like Rick Smith and Stephen Schwarzman topped the pay charts, with compensation packages reaching up to $164.53 million.
As Wall Street grows more cautious, this analyst sees the S&P 500 surging over the next six months. Transcript: Brett Ewing: My outlook for the S&P 500 over the next six months is probably on the higher end.
Goldman Sachs took a look at rising bond yields and concluded that they're still not a threat to the S&P 500 this year.
Anna Edwards, Guy Johnson, Kriti Gupta and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." For up to the minute market intelligence and insight, click MLIV <GO>.