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Why Oppenheimer Raised Its S&P 500 Target to 5,500

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Oppenheimer Chief Investment Strategist John Stoltzfus details his firm’s decision to raise its S&P 500 forecast and explains he believes younger investors should be in the market for the long term instead of trying to time it. John speaks with Tom Keene and Paul Sweeney on Bloomberg Radio.

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Adani Group Stocks Slide After MSCI Says Reviewing Free Float

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Adani Group stocks fell in Thursday trading after MSCI Inc. said it is conducting a review into the amount of shares freely tradable …

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TSMC Gets $11.6 Billion in US Grants, Loans for Factories

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The US will award Taiwan Semiconductor Manufacturing $6.6 billion in grants and as much as $5 billion in loans to help the world’s top chipmaker build factories in Arizona. Edwin Chan reports on Bloomberg Television.
For more on this story, please see: https://www.bloomberg.com/news/articles/2024-04-08/tsmc-gets-11-6-billion-in-us-grants-loans-for-three-chip-fabs

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China’s Business Environment More Difficult Than Ever: Wuttke

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Mar.29 — Joerg Wuttke, president of the EU Chamber of Commerce in China, discusses China’s boycott of western retailers over their human rights concerns in Xinjiang and its implication for foreign companies working in China. He speaks on “Bloomberg Markets: China Open.”

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Fed Will Cut Much More Than Expected, TD’s Misra Warns

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TD Securities Global Head of Rates Strategy Priya Misra says the Federal Reserve will start cutting rates much later in the year but will cut a lot more than what markets are currently expecting. She speaks with Jonathan Ferro on “Bloomberg The Open.”

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Baltimore Port: All Options Are on the Table, Governor Says

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Maryland Governor Wes Moore said, “I think that all options should be on the table and all options are on the table,” as he spoke about efforts to rebuild a collapsed Baltimore bridge Thursday on Bloomberg Television. Maryland is on track to clear the Baltimore channel and restore full service at the port by the end of May, Moore said.
For more on this story, please see: https://www.bloomberg.com/news/articles/2024-04-11/all-funding-options-on-the-table-for-baltimore-bridge-rebuild

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