Here Are Tuesday’s Top Wall Street Analyst Research Calls: Autodesk, Celanese, DexCom, FormFactor, GitLab, Lowe’s, Matador Resources, Toast and More Quick Read: – Despite President Trump rejecting Iran’s counterproposal, stocks rose on Monday. – Enthusiasm over Artificial…
telligence and a stellar first-quarter earnings season were cited among the reasons for the continued strength. – With earnings season for the first quarter almost over, Wall Street’s focus will turn back to Iran, inflation, and the economy. – The analyst who called NVIDIA in 2010 just named his top 10 stocks and Autodesk wasn’t one of them. Get them here FREE
Pre-Market Stock Futures: The futures are trading lower on Tuesday, but another week and another set of new highs for the S&P 500 and the Nasdaq, as AI fever overshadowed Iran’s peace counteroffer dismissal on Monday. The stock market opened lower on the rejection of President Trump’s peace offering, but buyers once again circled the wagons. Positive earnings and a tidal wave of momentum for all things AI and technology were enough to lift the major indexes higher by noon, and by the close, all finished higher.
The Russell 2000, the leading index this year, closed up 0.25% on Monday to 2,868. The S&P 500 finished the day up 0.27% at 7,419, its first close ever over 7,400, while the Nasdaq closed just barely higher, up 0.10 % at 26,274. The Dow Jones Industrial Average also posted a winning day, up 0.10% to 49,657.