March 15, 2025

Michael Kantrowitz

Finance

Top Wall Street strategist explains why he’s abandoning an S&P 500 target

Piper Sandler will no longer release year-end price targets for the S&P 500 (^GSPC) after concluding that the index no longer truly reflects the stock market’s performance. In a video interview on Yahoo Finance, Piper Sandler co-chief investment strategist Michael Kantrowitz explained the firm’s reasoning. “In the last few months, as I was trying to

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Investors

Stocks are at record highs. Investors keep playing the hits.

Stocks are trading at record highs, and the market’s main characters haven’t changed. Yahoo Finance’s data whiz Jared Blikre flagged the stocks making new record highs alongside the indexes on Friday. The names are a who’s who of market leaders with only one exception — Nvidia stock (NVDA) was down after receiving a downgrade from

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