Jeremy Siegel

Wharton Professor Jeremy Siegel on Monday weighed in on the implications of a potential victory for former President Donald Trump in the Nov. 5 election. What Happened: If Trump wins, “there is no way the Democrats can hold the Senate even if they win every single…swing Democratic vote...

U.S. stocks are stubbornly holding onto their upward momentum, as evidenced by the gains for the index futures early Tuesday. The small-cap rally reflects market hopes that the Fed is getting closer to interest-rate cuts. Bond yields are slipping back amid the expectations. San Francisco Federal...

The equity market appears to be on track to build on gains, with the major index futures firmly in the green early Tuesday. Traders apparently are discounting a dovish message from Federal Reserve Chairman Jerome Powell on the first day of the semi-annual monetary policy testimony before Congress....

June’s Bureau of Labor Statistics jobs report shows unemployment rising, signaling a continued slowing in the U.S. economy. University of Pennsylvania Wharton professor Jeremy Siegel reacted to the data, recommending the Federal Reserve to cut interest rates in response. What Happened:...

Wall Street is priming for a moderately lower opening on Tuesday after soft data helped the tech-heavy Nasdaq Composite close at another record high in the first trading session of the year’s second half. The market is currently at the mercy of two catalysts – interest rate and earnings...

The U.S. stocks could be primed for another mixed session on Tuesday, with techs looking poised for a bounce back from the previous session’s losses. Nvidia Corp. (NASDAQ:NVDA) could lead from the front, with the stock climbing over 2% in the premarket. The spotlight is likely to be on a...

U.S. stock futures point to a weak start on Tuesday, signaling a pause after Monday’s record run. Global cues are negative and commodity prices weakened as well. Traders may prefer to wait it out until the Federal Reserve meeting and May inflation reports. A cooler inflation report and/or a...

Stocks are priming for a negative start on Tuesday after the major indices meandered to a mixed close in the previous session. Tech stocks were sliding premarket as reports suggested China is seriously contemplating cutting reliance completely on the United States in chipmaking, while meme stocks...

Early Tuesday futures trading suggested a pause after the tech-driven rally of the previous session. Global cues were negative, with Asian markets retreating and European markets opening lower. Commodities dipped, and bond yields remained flat. Traders may be cautious until Nvidia...

U.S. stocks appear to be on the back foot early on Tuesday, with index futures trading modestly lower in early pre-market activity. Caution reigns supreme as traders anxiously await the Federal Reserve’s interest rate decision on Wednesday. A hawkish stance...

The mood on Wall Street turned tentative on Tuesday as investors awaited earnings reports from the “Magnificent 7,” companies that fueled much of the market’s upside since 2023. Index futures rose slightly in early trading. Asian markets closed mostly higher, while European...

The highly anticipated consumer price index (CPI) report for March is due on Wednesday, and the data could cause market fluctuations due to its potential impact on near-term Federal Reserve interest rate decisions. Inflation Forecast: Economists generally predict a slight slowdown in the month-over...

The current bull market in stocks is only halfway through its potential, according to a new report from Ned Davis Research (NDR). What Happened: The current bull market, which has lasted for 344 trading days, could continue for the foreseeable future, as per a Wednesday note from NDR, reported by...

Bill Smead, a veteran of the stock market, has issued a stark warning to investors, cautioning them against the allure of popular stocks and the artificial intelligence (AI) boom. What Happened: Smead, the founder of Smead Capital Management, has been vocal about the potential risks associated with...

Jeremy Siegel, a renowned finance professor from the University of Pennsylvania’s Wharton School, has raised a red flag over the soaring valuations of technology stocks, particularly NVIDIA Corp (NASDAQ:NVDA). What Happened: Siegel, also known as the “Wizard of Wharton,” cautioned...