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UBS Global Research on Tuesday raised its year-end target for the benchmark S&P 500 index to 5,600 from an earlier projection of 5,400, marking the highest forecast among major brokerages. ... -May 28, 2024 at 04:44 am EDT - MarketScreener
UBS Global Research raised its year-end target for the benchmark S&P 500 index to 5,600 points on Tuesday, marking the highest forecast among major brokerages. The upgraded target... -May 28, 2024 at 06:40 am EDT - MarketScreener
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The first community land trust in the country to be combined with a land bank is set to make its 100th home sale less than a decade after its founding.
Goldman Sachs, Barclays and Morgan Stanley said on Wednesday that a June rate cut from the Bank of England now seems less likely, following a smaller-than-expected drop in British inflation. ...
J.P. Morgan and Goldman Sachs expect the Fed to start cutting rates as soon as July, while Morgan Stanley, UBS Wealth Management, Bank of America, and Deutsche Bank see rate cuts coming in September or December. Expectations of interest rate cuts this year have boosted demand for equities, after a downbeat 2023 when steep borrowing costs dented the valuation of companies and forced consumers to rein in spending.