May 6, 2024
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The ‘Fed Put’ is Back: If Tuesday’s Inflation Report is Bad Expect Chaos in the Markets
S&P 500 futures were flat this morning after index closed up 0.78% Friday new all-time high. Japan’s Nikkei 225 reached record peak up 1.85% today.
Citigroup Lifts S&P 500 Year-End Target to 6,600
Citigroup raised its year-end target for the S&P 500 index to 6,600, betting on Trump's tax and spending bill boosting corporate earnings.