Previous close | 88.70 |
Open | 88.70 |
Bid | 74.50 |
Ask | 79.20 |
Strike | 150.00 |
Expiry date | 2024-01-19 |
Day's range | 88.70 - 88.70 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Prominent market strategists, Manish Kabra of Societe Generale (OTC:SCGLY) and John Stoltzfus from Oppenheimer Asset Management revised their year-end predictions for the S&P 500 index upward on Monday. This adjustment is a response to recent market dynamics, including a strong earnings season and a surge in artificial intelligence (AI) investments.
The initial public offering (IPO) market is bracing for five new deals this week, with tech unicorns Instacart and Klaviyo leading the pack. This marks the first entrance of tech unicorns, companies valued at over $1 billion, into the market in nearly two years.
Deutsche Bank analysts predict a shift in the US economy from its 40-year phase of predominant growth, spanning 1980 to 2020, towards a pattern marked by more frequent boom-bust cycles and recessions. This prediction, made on Monday, is based on several factors including rising inflation which could limit the flexibility of central banks both domestically and globally as they strive to balance economic growth.