Analysts at firms see further upside for US stocks in part because they expect institutional investors to abandon their cautious stance.
Citigroup's Vis Raghavan said that performance in its banking and trading divisions will improve this quarter despite "anxiety" over U.S. tariffs.
Economist Nouriel Roubini has carried the moniker "Dr. Doom," a title cemented during the 2008 financial crisis. But today, his tone is shifting.
Financial-sector trade groups are urging US Treasury Department to bolster its cybersecurity in response to hackers intercepting the sensitive emails.