"The S&P 500 is down 0.5%, or by 33 points. The SPDR S&P 500 ETF (SPY) is down 0.36%, or by $2.32. The Dow is down 0.45%, or by 208 points. The Nasdaq is down 0.73%, or by 173 points."
"Talks are ongoing and, despite erroneous statements to the contrary by the Fake News Media and others, they are going very well."
"Wells Fargo just reiterated an overweight rating on Nvidia, noting they still see plenty of upside based on NVIDIA's competitive positioning in gaming GPUs and expanding growth opportunities."
"Wells Fargo also reiterated an overweight rating on Alphabet, raising its price target to $397 from $387, believing GOOGL has all the pieces necessary to be an AI winner."
The S&P 500 is down 0.5%, with significant declines in major indices including the Dow and Nasdaq. Oil prices have risen, while Bitcoin has dropped significantly. President Trump has extended the Iran negotiations deadline, claiming talks are progressing well despite media reports. Oil supply disruptions are a major concern, with millions of barrels affected. Analysts at Wells Fargo maintain an overweight rating on Nvidia and Alphabet, citing strong growth potential in gaming and AI sectors.
Read at 24/7 Wall St.
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