B Of A Securities analyst raised the price forecast for GE Aerospace from $225 to $230 while retaining a Buy rating. GE reported strong Q1 results and expects continued growth, with potential tariff risks. Analyst raised EPS estimates and suggested potential ETF investments.
Trump also told Time Magazine that Chinese President Xi Jinping had called him to strike a tariff deal, but did not specify when the call was made or what the two leaders discussed.
The order will expedite the extraction of minerals such as nickel, copper, and rare earth elements from the ocean floor — resources crucial to the production of electric vehicle batteries, wind turbines, and other clean-energy technologies.
Spot Bitcoin ETFs registered $442 million in net inflows on April 24, marking five consecutive trading days of positive flows and pushing the cumulative inflow above $2.5 billion for the week.
U.S. equity markets are coming off a three-day rally, but escalating trade tensions and increasing uncertainty between the US and China have capped momentum.
The S&P 500 Index tracked by SPDR S&P 500 ETF Trust could plunge as low as 3,700 points even in a "mild recession" scenario, representing a potential 37% decline from its January levels, according to Wolfe Research.
He stressed that investors are increasingly wary of U.S. Treasury bonds, traditionally viewed as safe-haven assets, due to the unpredictability introduced by the trade war.
Ethane — used generously by Chinese plastic manufacturers, medical equipment — and aircraft leases were reportedly considered for import relief by China.
Massive breakout higher today, wow! And the way this market is grinding higher tells me this Breakout Pullback is likely where the money is made on Friday!
