The Story
News Summary
- Wells Fargo cut its S&P 500 year-end target to 7,700, warning of a potential 5% to 10% market pullback.
- The bank cited extreme equity allocations, rising 10-year yields, and downgraded Technology to Equal Weight while cautioning that semiconductor stocks could revisit July lows.
Explore US500 price history & advisor snapshot
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Stored market data
US500 price history
7587.21
+11.37% over the displayed period
Advisor Snapshot
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