This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
A highly bullish market forecast has just hit the Street. Sanctuary Wealth Chief Investment Strategist Mary Ann Bartels has issued a forecast on the broader market, predicting that the S&P 500 is headed for the 7,000 level by year-end 2025, which suggests there’s runway for another 11.4% gains.
All three of the major stock market averages are now trading higher, as the S&P 500 and Nasdaq Composite flirt with new highs.
While Wall Street has been awaiting the first interest rate cut of 2025, one bank executive suggests traders and investors might not want to hold their breath. JPMorgan CEO Jamie Dimon reportedly said he would bet there’s a 40%-50% chance of higher interest rates in the U.S. economy.
The Nasdaq Composite has turned slightly lower.
Digital asset exchange Coinbase (Nasdaq: COIN) has partnered with AI giant Perplexity AI in a deal that is reportedly designed to “to help traders get access to real-time trusted crypto data/info for better decision making.” Coinbase stock is trading lower by 0.60%.
Tesla (Nasdaq: TSLA) will hold its annual shareholder meeting in early November. TSLA stock is gaining 2.4% but remains down 24.8% year-to-date.
Live coverage has ended. The full story is below.
This article will be updated throughout the day, so check back often for more daily updates.
The markets are meandering in and out of positive territory after the Nasdaq Composite clinched a fresh all-time high in yesterday’s session. As of early morning trading, the three major stock market indices are relatively flat. The Trump administration isn’t done slapping tariffs on trade partners, the most recent of which involves a 50% tariff on Brazilian imports. On the economic front, U.S. jobless claims moved lower last week, surprising economists amid mixed signals from the labor market.
HSBC analysts have their eye on Advanced Micro Devices (Nasdaq: AMD | AMD Price Prediction), saying its recent AI chip solution has thrust it into the AI spotlight, potentially giving AI Nvidia (Nasdaq: NVDA) a run for its money. HSBC has attached a “buy” rating on AMD shares with a bullish price target of $200 per share, reflecting upside potential of approximately 44%. Yesterday, Nvidia made history by becoming the first company to cross the $4 trillion market cap threshold.
Here’s a look at the performance as of morning trading:
Dow Jones Industrial Average: Up 21.94 (+0.05%)
Nasdaq Composite: Down 54.91 (-0.27%)
S&P 500: Down 5.52 (0.09%)
MP Materials (NYSE: MP) stock is soaring 55% after the company inked a rare Earth-mining contract with the Department of Defense to strengthen the U.S. magnet supply. The deal is reportedly worth billions of dollars, including a $400 million capital injection by the DoD for preferred shares and a warrant, making the government agency a major shareholder of MP Materials. The Trump administration previously tipped its hand to deals like this as the U.S. goes head-to-head with China.
Delta Airlines (NYSE: DAL) stock is soaring 12% today on strong quarterly results amid “stabilizing” travel demand. The airline managed to beat expectations in H1 2025 and increase its quarterly dividend payout by 25%, beginning in September.
WK Kellogg (NYSE: KLG) is skyrocketing by 30% today after agreeing to be taken over by Italy’s Ferrero, which is behind the popular Nutella product, in a blockbuster $3.1 billion merger.
Contact [email protected] for any questions or corrections.
Gerelyn Terzo is the author of dividend investing handbook "Dividend Investing Strategies: How to Have Your Cake & Eat It Too." A veteran financial journalist, she covers agri-finance for outlets like Global AgInvesting and the broader stock market and personal finance for 24/7 Wall Street. She began at CNBC and later helped launch Fox Business in New York. Gerelyn currently resides in Woodland Park, Colorado and dabbles in nature photography as a hobby.
This article will be updated throughout the day, so check back often for more daily updates. Market sentiment is refreshingly bullish, with all three major stock averages widening their lead as the morning unfolds.…
This article will be updated throughout the day, so check back often for more daily updates. The markets are looking to end the week on a positive note after getting some good news on…
This article will be updated throughout the day, so check back often for more daily updates. The markets are seeing signs of optimism for trade-deal progress, sending stocks higher across the board out of…
This article will be updated throughout the day, so check back often for more daily updates. The markets are stalling as they process the latest inflation data coupled with the trade progress between the…
This article will be updated throughout the day, so check back often for more daily updates. Optimism has seeped back into the markets, with all three of the major stock market averages coming out…
This article will be updated throughout the day, so check back often for more daily updates. The markets are playing it cautious following yesterday’s strong rally fueled by EU import tariff delays. Today all…
This article will be updated throughout the day, so check back often for more daily updates. The markets have come out of the gate mixed after yesterday’s steep sell-off, with technology leading the Nasdaq…
This article will be updated throughout the day, so check back often for more daily updates. The markets are celebrating the latest development on the tariff front. President Trump has announced a “comprehensive” trade…
This article will be updated throughout the day, so check back often for more daily updates. The markets appear to be out of the doldrums, with stocks delivering a positive showing as of mid-morning…
