Reported 8 months ago
On the latest episode of Market Domination, hosts Julie Hyman and Josh Lipton discuss Wall Street's growing optimism towards the S&P 500, with firms raising year-end price targets. Notable stock reactions include Adobe, Virgin Galactic, and GameStop, with the latter seeing a significant drop in shares post-annual shareholder meeting. The article also highlights a looming rebalancing in the Technology SPDR Select Fund (XLK) due to high industry concentration. Deepwater Asset Management's Doug Clinton offers insights on the promising tech sector plays amid the evolving market dynamics.
Source: YAHOO