The S&P 500 on Thursday climbed 1.9% to log its best one-day gain since April.
The S&P 500 has gained an average 6.7% from November to April since 1990, according to CFRA data.
“We remain comfortable with our long-standing 3,900 year-end target for the S&P 500,” he wrote in a note on October 29.
The S&P 500 closed Thursday at about 4,318.
“The acquisition of Comcast’s stake in Hulu at fair market value will further Disney’s streaming objectives,” the company said in a short statement.
Persons:
Jerome Powell’s, ”, George Smith, Mike Wilson, Morgan Stanley, Liam Reilly, Oliver Darcy, “, Read, Hanna Ziady, Andrew Bailey
Organizations:
CNN Business, Bell, New York CNN, Investors, Dow Jones, Dow, Federal, Treasury, LPL, Disney, Hulu Disney, Comcast, Bank of England, of England, ” Bank of England
Locations:
New York, Hulu, Israel