Trading Day: Tariff truce a market ’game changer’ By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 12 2025
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Source: Investing.com
Market Optimism: Global markets experienced a surge in optimism due to positive U.S.-China tariff talks, leading to significant gains in stock indices and an increase in bond yields, while gold prices fell.
Fed's Cautious Stance: The Federal Reserve maintains a cautious approach to interest rates amidst rising inflation risks, contrasting with other central banks that are cutting rates, raising concerns about potential economic impacts if the Fed delays action.
Analyst Views on QQQ
Wall Street analysts forecast QQQ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for QQQ 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.
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Current: 620.760
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Current: 620.760
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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.
