U.S. stocks settled higher on Friday, with the Dow Jones index gaining more than 600 points during the session as investors welcomed upbeat bank earnings and cooler-than-expected inflation data, while largely shrugging off trade war concerns after China raised tariffs on U.S. goods to 125%.
Despite significant volatility last week, all three major averages recorded gains during the period. The S&P 500 gained 5.7% to record its best week since November 2023, while the Nasdaq jumped 7.3%, notching its best week since November 2022. The Dow also jumped around 5% last week.
Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst’s opinion to trust.
Analyst: Ann Hynes
Analyst: Lloyd Walmsley
Analyst: Patrick Brown
Analyst: Matthew Carletti
Analyst: Paul Newsome
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