EUR/USD
1.15626
-0.283%
Gold
4316.51
-0.734%
Oil
97.678
0.576%
USD/JPY
154.297
0.400%
GBP/USD
1.35079
-0.134%
GBP/JPY
208.427
0.265%
Real-time News
On September 15th, Bank of America equity strategist Savita Subramanian raised her target for the S&P 500. As one of Wall Streets most bearish strategists, her previous target was among the lowest of market analysts, but she still warned that the index remains vulnerable to interest rate risks. Subramanian raised her year-end forecast for the S&P 500 from 7100 to 7400. The new forecast level implies a 3.4% decline from Fridays closing level. Based on a compilation of forecasts from more than 20 strategists for the S&P 500 by the end of 2026, her prediction remains one of the most pessimistic views on Wall Street. She expects the S&P 500 to rise to 7800 over the next 12 months, only about 2% higher than the recent closing level. Subramanian stated on Monday, "We are entering a period of seasonal weakness, and in our view, the market correction has been delayed for too long."CrowdStrike (CRWD.O) shares rose 15% intraday, hitting a record high.US President Trump: Weapons are being shipped to US troops in the Middle East and other regions every day.On September 15th, US President Trump stated on social media that the United States is currently producing weapons that are "more sophisticated and advanced than at any time in history," and these weapons are being delivered daily to US troops stationed in the Middle East and other regions. Trump claimed that US defense companies factories are operating around the clock, and each company is building an average of four to five large new production facilities. Trump stated that this round of military production focuses on Patriot missile systems, the THAAD anti-missile system, Tomahawk cruise missiles, and other Standard Missile systems, adding that the US already has a large stockpile of these weapons.Ukrainian President Zelensky: Ukraine looks forward to concrete support from its partners.
