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S&P 500 Target Hike to 6000, Tech's June Dominance, “Mag 7”: Tesla Out, Broadcom In? 6/17/24

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Manage episode 424084035 series 2534991
Content provided by CNBC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CNBC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Carl Quintanilla, Sara Eisen and Michael Santoli kicked off the holiday-shortened trading week with a look at bullish Wall Street calls on the markets, including Evercore ISI hiking its year-end S&P 500 target to 6000. The anchors also explored how dominant tech has been this month: The overwhelming number of S&P 500 leaders coming from the information technology sector -- Apple and Nvidia among them. At Post 9, Interactive Brokers Chief Strategist Steve Sosnick explained why he believes Broadcom should replace Tesla in the "Magnificent 7." Also in focus: Minneapolis Fed President Neel Kashkari on rate cuts, Senator Chuck Grassley launches a probe into Boeing and the FAA, Tesla roundup, activism boosts shares of Autodesk.

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1574 episodes

Artwork
iconShare
 
Manage episode 424084035 series 2534991
Content provided by CNBC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CNBC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Carl Quintanilla, Sara Eisen and Michael Santoli kicked off the holiday-shortened trading week with a look at bullish Wall Street calls on the markets, including Evercore ISI hiking its year-end S&P 500 target to 6000. The anchors also explored how dominant tech has been this month: The overwhelming number of S&P 500 leaders coming from the information technology sector -- Apple and Nvidia among them. At Post 9, Interactive Brokers Chief Strategist Steve Sosnick explained why he believes Broadcom should replace Tesla in the "Magnificent 7." Also in focus: Minneapolis Fed President Neel Kashkari on rate cuts, Senator Chuck Grassley launches a probe into Boeing and the FAA, Tesla roundup, activism boosts shares of Autodesk.

Squawk on the Street Disclaimer

  continue reading

1574 episodes

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