Investing.com -- Yardeni Research raised its year-end target for the S&P 500 to 6,800 from 6,600, citing expectations for Federal Reserve easing and continued economic resilience. The firm assigned a 55% probability to this base case, while giving a 25% chance to a “meltup” scenario that could drive the index to 7,000 by year-end and a 20% probability of a correction. “If the Fed lowers ...
SEOUL (Reuters) -South Korea has ramped up calls for changes to the U.S. visa system so that its workers can visit for longer periods after an immigration raid at a battery plant in Georgia led to the detainment of hundreds of its citizens. The two countries are looking at establishing a working group to consider a new type of visa for Koreans, according to South Korea’s foreign minister who vis ...
Investing.com -- Gemini Space Station has priced its initial public offering (IPO) of 15.2 million shares at $28 each. The company’s Class A common stock is expected to begin trading on the Nasdaq Global Select Market on Friday under the ticker symbol "NASDAQ:GEMI". The offering is scheduled to close on September 15, according to the company’s announcement. Goldman Sachs & Co. LLC, Citigro ...
Investing.com – Indonesia stocks were higher after the close on Friday, as gains in the Financials, Infrastructure and Agriculture sectors led shares higher. At the close in Jakarta, the IDX Composite Index gained 1.17%. The best performers of the session on the IDX Composite Index were PT Wulandari Bangun Laksana Tbk (JK:BSBK), which rose 34.85% or 23.00 points to trade at 89.00 at the close. ...