Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.
The three major stock indices extended their winning streak to six consecutive weeks, marking the longest stretch of gains for both the Dow Jones and S&P 500 this year. The Dow rose 0.96%, the S&P 500 increased by 0.85%, and the Nasdaq advanced 0.80%.
Retail sales in September exceeded expectations, and a significant drop in jobless claims added to the view that the U.S. economy is still robust. This strong economic momentum has led some analysts to reassess the Federal Reserve’s future course of action, with many now questioning the likelihood of additional interest rate cuts.
Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week’s most bullish and bearish posts that are worth another look.
The Bulls
For additional bullish calls of the past week, check out the following:
Netflix ‘Should Continue To Outperform’: 6 Analysts On Streaming Stock’s Q3 Earnings
Unlikely S&P 500 Stock Leaves Nvidia Behind With 241% Gain In 2024
The Bears
For more bearish takes, be sure to see these posts:
As Boeing Workers Enter Second Month Of Strike, Rival Airbus Reportedly Plans To Cut 2,500 Jobs
Meta Confirms Layoffs Across Instagram, WhatsApp And Reality Labs Amid Strategic Reshuffle
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