Nvidia is powering the stock market. The graphics-chip maker at the heart of the AI boom has contributed 30% of the S&P 500's 2024 total return, according to S&P Dow Jones Indices data through Wednesday. Read More...
JPMorgan’s Kolanovic Warns S&P 500 Will Plummet 23% by Year-End
(Bloomberg) — The S&P 500 Index may be headed for another record closing high, but JPMorgan Chase & Co.’s Marko Kolanovic says the benchmark will falter in coming months in the face of mounting headwinds, from a slowing economy to downward earnings revisions. Most Read from BloombergBiden’s Disastrous Debate Accelerates Doubts Over CandidacyGavin Newsom Is Ready for the Biden EmergencyDemocrats Question Replacing Biden: Here’s How It Could WorkSupreme Court Overturns Chevron Rule in Blow to Age
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