Reported about 1 year ago
Traders on Wall Street are waiting for Federal Reserve Chairman Jerome Powell's testimony and the June CPI report. With calls for President Biden to withdraw from the 2024 race, concerns about the election's impact on the economy arise amid inflation issues. The speculation surrounding Biden caused Trump Media Group (DJT) shares to surge in trading. Nvidia (NVDA) sees activity as UBS and Wolfe Research raise their price targets to $150. Other popular tickers on Yahoo Finance include Nike (NIKE), Nikola (NKLA), and Chipotle Mexican Grill (CMG). Guest appearances today include BD8 Capital Partners CEO Barbara Doran and LPL Financial Chief Technical Strategist Adam Turnquist among others.
Source: YAHOO