Citi raises S&P 500 target, Boeing CEO testifies: Yahoo Finance

Reported 8 months ago

Citi, Goldman Sachs, and Evercore ISI have increased their year-end target for the S&P 500, with Citi and Goldman Sachs raising it to 5,600 and Evercore ISI to 6,000. The Technology Select Sector SPDR Fund (XLK) is adjusting its weights with Nvidia receiving a 20% weighting and reducing Apple's weight. Boeing CEO David Calhoun is appearing before Congress to address safety issues, coinciding with the release of May's retail sales report. Yahoo Finance trending tickers include Mustang Bio (MBIO), Qualcomm (QCOM), and Palantir (PLTR), with notable guests like Scott Chronert and Matthew Luzzetti sharing insights.

Source: YAHOO

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