FXStreet reports that economists at Morgan Stanley apprise that ending the year at around 2750 for the S&P 500 would imply lingering issues beyond a garden-variety recession that currently seem unlikely.
“We still think that 2750 may be a reasonable year-end bear case for the S&P.”
“We've been watching 2550-2600 as a level for the S&P in an overshoot—a level the S&P has already traded below. Further investor reductions in gross exposure could push the liquidity-driven overshoot further than we expected.”
“For investors with a 6-12-month horizon, the 2550-2600 level may offer an attractive risk-reward buying opportunity.”
In its press release, the European central bank said:
U.S. stock-index futures rose on Friday, as Fed's massive stimulus underpinned investor sentiment, halting the worst monthly selloff in U.S. equities in three decades.
Global Stocks:
| Index/commodity | Last | Today's Change, points | Today's Change, % |
| Nikkei | 16,552.83 | -173.72 | -1.04% |
| Hang Seng | 22,805.07 | +1,095.94 | +5.05% |
| Shanghai | 2,745.62 | +43.49 | +1.61% |
| S&P/ASX | 4,816.60 | +33.70 | +0.70% |
| FTSE | 5,225.70 | +74.09 | +1.44% |
| CAC | 4,027.72 | +172.22 | +4.47% |
| DAX | 8,923.67 | +313.24 | +3.64% |
| Crude oil | $ | | |
| Gold | $1,499.10 | | +1.34% |
(company / ticker / price / change ($/%) / volume)
| 3M Co | MMM | 139 | 1.49(1.08%) | 24391 |
| ALCOA INC. | AA | 6.1 | 0.27(4.63%) | 18761 |
| ALTRIA GROUP INC. | MO | 37.62 | 0.52(1.40%) | 57686 |
| Amazon.com Inc., NASDAQ | AMZN | 1,928.05 | 47.12(2.51%) | 151486 |
| American Express Co | AXP | 77.93 | 0.86(1.12%) | 44813 |
| AMERICAN INTERNATIONAL GROUP | AIG | 22.12 | 1.52(7.38%) | 22751 |
| Apple Inc. | AAPL | 248.25 | 3.47(1.42%) | 947734 |
| AT&T Inc | T | 31.3 | 0.15(0.48%) | 362860 |
| Boeing Co | BA | 98.8 | 1.09(1.12%) | 749984 |
| Caterpillar Inc | CAT | 103.81 | 0.80(0.78%) | 22842 |
| Chevron Corp | CVX | 57.51 | 0.12(0.21%) | 65743 |
| Cisco Systems Inc | CSCO | 38.7 | 0.99(2.61%) | 143252 |
| Citigroup Inc., NYSE | C | 40.82 | 1.18(2.98%) | 148330 |
| E. I. du Pont de Nemours and Co | DD | 32.8 | 1.14(3.60%) | 13818 |
| Exxon Mobil Corp | XOM | 35.07 | 0.64(1.86%) | 284089 |
| Facebook, Inc. | FB | 155.98 | 2.85(1.86%) | 263499 |
| FedEx Corporation, NYSE | FDX | 114.25 | 2.57(2.30%) | 8248 |
| Ford Motor Co. | F | 4.57 | 0.10(2.24%) | 497472 |
| Freeport-McMoRan Copper & Gold Inc., NYSE | FCX | 6.05 | 0.31(5.40%) | 57045 |
| General Electric Co | GE | 6.84 | 0.36(5.56%) | 1258612 |
| General Motors Company, NYSE | GM | 18.65 | 0.94(5.31%) | 46563 |
| Goldman Sachs | GS | 150.5 | 1.01(0.68%) | 33947 |
| Google Inc. | GOOG | 1,143.94 | 28.65(2.57%) | 20692 |
| Home Depot Inc | HD | 162.59 | 1.46(0.91%) | 46531 |
| HONEYWELL INTERNATIONAL INC. | HON | 120.99 | 2.03(1.71%) | 16901 |
| Intel Corp | INTC | 47.17 | 1.23(2.68%) | 216648 |
| International Business Machines Co... | IBM | 101.04 | 0.70(0.70%) | 61219 |
| International Paper Company | IP | 33.39 | 3.26(10.82%) | 12914 |
| JPMorgan Chase and Co | JPM | 86.5 | 1.20(1.41%) | 143524 |
| McDonald's Corp | MCD | 150.5 | 1.00(0.67%) | 38407 |
| Merck & Co Inc | MRK | 71.63 | 0.90(1.27%) | 77425 |
| Microsoft Corp | MSFT | 146.95 | 4.24(2.97%) | 807221 |
| Pfizer Inc | PFE | 31.04 | 0.62(2.04%) | 206832 |
| Procter & Gamble Co | PG | 112 | 1.17(1.06%) | 60753 |
| Starbucks Corporation, NASDAQ | SBUX | 62.75 | 1.34(2.18%) | 88786 |
| Tesla Motors, Inc., NASDAQ | TSLA | 432.99 | 5.35(1.25%) | 753679 |
| The Coca-Cola Co | KO | 42.6 | 0.77(1.84%) | 222568 |
| Twitter, Inc., NYSE | TWTR | 24.8 | 0.67(2.78%) | 165583 |
| United Technologies Corp | UTX | 83 | -0.76(-0.91%) | 314373 |
| UnitedHealth Group Inc | UNH | 220.05 | 0.25(0.11%) | 27196 |
| Verizon Communications Inc | VZ | 54.45 | 0.83(1.55%) | 120183 |
| Visa | V | 154.7 | 2.45(1.61%) | 45953 |
| Wal-Mart Stores Inc | WMT | 123.5 | 4.05(3.39%) | 104926 |
| Walt Disney Co | DIS | 95.55 | 0.62(0.65%) | 166191 |
| Yandex N.V., NASDAQ | YNDX | 31.34 | 0.72(2.35%) | 11659 |
JPMorgan Chase (JPM) upgraded to Buy from Hold at DZ Bank; target $100
Uber (UBER) upgraded to Overweight from Equal Weight at Wells Fargo; target lowered to $41
Boeing (BA) upgraded to Hold from Sell at Nord/LB
NIKE (NKE) upgraded to Buy from Neutral at BofA/Merrill; target lowered to $85
| Index | Change, points | Closed | Change, % |
|---|---|---|---|
| NIKKEI 225 | -173.72 | 16552.83 | -1.04 |
| Hang Seng | -582.69 | 21709.13 | -2.61 |
| KOSPI | -133.56 | 1457.64 | -8.39 |
| ASX 200 | -170.3 | 4782.9 | -3.44 |
| FTSE 100 | 71.03 | 5151.61 | 1.4 |
| DAX | 168.72 | 8610.43 | 2 |
| CAC 40 | 100.66 | 3855.5 | 2.68 |
| Dow Jones | 188.27 | 20087.19 | 0.95 |
| S&P 500 | 11.29 | 2409.39 | 0.47 |
| NASDAQ Composite | 160.74 | 7150.58 | 2.3 |
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.