Category: Stock Market

Stock Market News: What Conflicting Jobs Data Really Means for Markets

The stock market kept moving upward on Thursday morning, continuing to draw optimism from hopes that the economy will be able to overcome a second wave of coronavirus cases. Just before 11 a.m. EDT, the Dow Jones Industrial Average (DJINDICES:^DJI) was up 159 points to 25,894. The S&P 500 (SNPINDEX:^SPX) gained 24 points to 3,140, and the Nasdaq Composite (NASDAQINDEX:^COMP) picked up 98 points to 10,252.

Many market participants pointed to today’s report from the Bureau of Labor Statistics about the employment picture in the U.S. for June as evidence that things are getting

Read more

MarketWatch: Stock Market News – Financial News

Tesla stock price target boosted to $2,000 by Wedbush to the highest on Wall Street

Wedbush analyst Dan Ives raised his stock price target for Telsa Inc. undefined to $2,000 from $1,250 on Friday, making it the highest among analysts on FactSet. “We believe with demand for Model 3’s ramping stronger than expectations in China heading into the summer timeframe, the lockdown easing in the US/Europe, and some potentially “game changing” battery developments on the horizon (Battery Day another key catalyst) that Tesla’s stock likely has room to run further,” Ives wrote in a note to

Read more

Stock Picks, Stock Market Investing