Reported 7 months ago
Yahoo Finance reports on the morning briefing with Brad Smith and Seana Smith discussing various financial updates. The article covers topics such as the rise in home prices, GameStop's stock sale, housing market data, and the impact of a possible tax hike on GameStop, DraftKings, and Flutter Entertainment due to Illinois legislation. Additionally, insights are provided on the stock market's mixed opening, investors' expectations on the Federal Reserve's rate decisions, and the potential for a shift in the housing market due to return-to-office policies. Lastly, UBS has raised its S&P 500 year-end price target to 5600, reflecting positive sentiment towards earnings growth and the economic outlook.
Source: YAHOO