Market Reactions: U.S. stock futures fell due to legal pressures on Fed Chair Jerome Powell and rising tensions with Iran, while gold and silver prices surged to record highs amid increasing market uncertainty.
Investor Sentiment: Retail sentiment towards precious metal ETFs remained bearish, despite a mix of neutral sentiment for SPY and bullish sentiment for QQQ, indicating a continued focus on tech strength.
Upcoming Earnings Season: The market is bracing for the start of earnings season, with major banks like JPMorgan Chase and Bank of America set to report, which could influence broader economic perceptions.
Geopolitical Concerns: Developments regarding potential sanctions and military actions in Iran, along with President Trump's discussions on responses to escalating protests, are contributing to market volatility and investor anxiety.
Wall Street analysts forecast SPY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SPY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast SPY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SPY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 685.400
Low
Averages
High
Current: 685.400
Low
Averages
High
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
