The CNN Money Fear and Greed index showed a slight increase in the fear level among US investors.
US stocks closed slightly higher on Tuesday, following a surprise move by the Bank of Japan to widen its yield cap on its long-term bonds.
Tesla (TSLA) - "Tesla has a serious demand problem in the world’s largest and most profitable battery electric vehicle market," according to long-time bear in the stock, Gordon
Wells Fargo raised Ross Stores, Inc. (NASDAQ: ROST) price target from $120 to $135. Wells Fargo analyst Ike Boruchow maintained an Overweight rating on the stock. Ross Stores shares fell 0.9% to close at $114.92 on Friday.
Gainers
IceCure Medical Ltd (NASDAQ: ICCM) shares rose 158% to $2.42 in pre-market trading after the company announced interim results from the ICESECRET study for the treatment of patients with small renal masses who cannot be offered kidney-preserving surgery.
US stocks look set for a modestly lower opening on Tuesday, as bargain hunting following four straight sessions of losses could mitigate the impact of an unexpected policy move by the Bank of Japan, or BoJ.
U.S. stocks fell for a fourth straight session on Monday amid increasing recession fears.
The Federal Reserve, last week, raised its target fed funds rate by 0.5% to a new range of between 4.25% and 4.5%, and signaled more rate hikes for 2023.
The CNN Money Fear and Greed index moved to the "Fear" zone amid increasing recession concerns.
US stocks closed lower on Monday, recording losses for the fourth straight session after the Federal Reserve, last week, announced a rate hike of 50 basis points.
Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst's opinion to trust.