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Data source: Yahoo! Finance. Chart by author.. As shown above, the average year-end target for the S&P 500 implies 11% upside, while the median year-end target implies 12% upside in 2025.
The only stock to drag more on the market was Eli Lilly, which fell 6.6% after saying it expects to report weaker revenue for the last three months of 2024 than previously forecast.
Stock price graph illustrating the 2020 stock market crash, showing a sharp drop in stock price, followed by a recovery. A stock market crash is a sudden dramatic decline of stock prices across a major cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic selling and underlying economic ...
The S&P 500 dropped more than 3% and ended at its lowest level since March 2021, closing below 4,000. The Nasdaq Composite plunged by 4.3% as technology stocks came under renewed pressure.
The term "greedflation" was a candidate for word of the year for the Collins English Dictionary in 2023, [3] [4] and was added to Dictionary.com in 2024. [5] [6] Collins Dictionary defines it as either "the use of inflation as an excuse to raise prices to artificially high levels in order to increase corporate profits" or "an increase in the price of goods and services caused by businesses ...
On January 10, 2024, the government identified about 61 new government companies, including a number of banks, that the government will offer either for sale to strategic investors or by offering shares in them on the Egyptian Stock Exchange with the aim of activating the state ownership document and providing dollar liquidity in light of Egypt ...
Shares of cosmetics company e.l.f. Beauty (NYSE: ELF) are tanking. The stock is in such a tailspin that it hasn't traded this low since early 2023. It's in a freefall as investors appear to be ...
October 2, 2008: Stock market indices fell 4% as investors were nervous ahead of a vote in the U.S. House of Representatives on the Emergency Economic Stabilization Act of 2008. [141] October 3, 2008: The House of Representatives passed the Emergency Economic Stabilization Act of 2008 and the $700 billion Troubled Asset Relief Program. [142]