The market’s at a fork in the road, says RBC as it becomes third firm to cut S&P 500 forecasts.

Three is a trend, as RBC Capital Markets joined Goldman Sachs and Yardeni Research in slashing S&P 500 price targets.

Topics

Wall Street begins to cut S&P 500 targets as tariff worries rock the stock market. Should investors be concerned?

Only a few months into 2025, the sharp decline of the U.S. stock market has prompted some of Wall Street’s top forecasters to scale back their bullish predictions for the S&P 500.
MarketWatch - 2d
One of Wall Street's biggest bulls cuts his S&P 500 outlook, blaming Trump's tariffs

Widely followed strategist Ed Yardeni, one of the biggest bulls on Wall Street, lowered his market forecast, saying President Donald Trump’s tariffs raise the risk of stagflation.
NBC News - 3d
The Guardian view on US-Europe relations: Britain is coming to a fork in the road | Editorial

For now Keir Starmer can say there is a middle way, but Donald Trump will soon force Britain to pick a side. No country can avoid the economic impact of Donald Trump’s aggressive trade policy. ...
The Guardian - 4d
Why this Wall Street strategist says investors should stick with U.S. stocks despite recession fears

Oppenheimer’s John Stoltzfus, the most bullish strategist on Wall Street with a target for the S&P 500 to hit 7,100 by the end of 2025, is standing firm, even as other strategists have cut their ...
MarketWatch - 2d
S&P 500 falls into correction territory as Trump’s trade war escalates. Here’s what history says could happen next.

The sharp drawdown on the U.S. stock market picked up steam on Thursday, pushing the S&P 500 into correction territory.
MarketWatch - 3d
Jim Cramer's top 10 things to watch in the stock market Tuesday

Delta and American both cut their earnings forecasts. Oracle showed the data-center buildout is continuing.
CNBC - 6d
More NOAA Employees May Be Let Go, Making 20% of Staff Cut

Together with recent firings and resignations, the new cuts could hamper the National Weather Service’s ability to produce lifesaving forecasts, scientists say.
The New York Times - 6d
NOAA and National Weather Service job cuts raise concerns about forecasts

A hurricane modeling specialist fired from the National Weather Service said progress on forecast accuracy may "go backwards" if job cuts continue.
CBS News - 5d
Trump says he considering cutting back on Canada tariffs as stock markets bounce

President Trump says he is considering reducing the new tariffs he announced on Canada's steel and aluminum as a response to Ontario's tax on electricity to the U.S. This comes as the stock markets ...
CBS News - 5d
'A good point on the road'

Leeds head coach Daniel Farke says his side secured a 'good point on the road' at QPR
Yahoo Sports - 1d
Salah becomes Liverpool's third-highest scorer

Mohamed Salah is up to third on the list of Liverpool's all-time scorers, scoring his 242nd goal in the Champions League vs. Paris Saint-Germain.
ESPN - Mar. 8
OECD cuts UK growth forecasts as Reeves grapples with weak economy

Downgrade comes ahead of Spring Statement, when official forecasts are expected to show much weaker GDP outlook
Financial Times - 5h
S&P 500 Dips Into Correction as Stock Market Sours on Trump

The S&P 500 is now more than 10 percent below its last record high — a line in the sand for investors worried about a sell-off gathering steam.
The New York Times - 3d
State and local tax deduction could change amid Trump's tax cuts debate. Here's what to know.

As lawmakers debate President Donald Trump’s tax cuts, a key deduction could become a sticking point in 2025 tax negotiations, policy experts say.
NBC News - 3d
Kentucky Bourbon Makers Fear Becoming ‘Collateral Damage’ in Trump’s Trade War

Smaller distillers say the uncertainty created by the administration’s erratic tariff announcements is crippling their ability to expand into Canadian and EU markets.
Inc. - 5d
England’s potential bus trip for Six Nations trophy is not only fork in road | Gerard Meagher

England will drive back to an empty stadium if France slip up, but their performance in Cardiff will define campaign. If all goes well for England, somewhere around half past nine on Saturday they ...
The Guardian - 2d
AppLovin short-seller urges exclusion of the stock from S&P 500 index

Short-seller firm Fuzzy Panda Research is trying to keep shares of AppLovin out of the S&P 500, accusing the company of fraudulent ad-tech practices.
CNBC - Mar. 7
Pioneer fintech firm Klarna sees revenue boost as it eyes US stock market listing

Swedish company’s valuation jumped 24% in 2024 as ‘buy now, pay later’ market is projected to top $160bn by 2032. The Swedish fintech firm Klarna disclosed on Friday that its revenue jumped 24% in ...
The Guardian - 2d
Rangers 'running on adrenaline' in Old Firm clash - Halliday

Thursday night's Europa League victory over Fenerbahce won't have any bearing on Sunday's Old Firm, says former Rangers midfielder Andy Halliday. Despite taking a 3-1 league into the second leg at ...
Yahoo Sports - 2d
Fed rate cuts could ward off a serious recession, Jim Cramer says

CNBC's Jim Cramer analyzed Wednesday's market action.
CNBC - 4d
UBS lifts gold price forecast after metal tops $3,000

UBS’s chief investment office has lifted its gold price forecast to $3,200 from $3,000, saying it could reach that threshold by June.
MarketWatch - 4h
FirstFT: OECD cuts global growth forecast

Also in today’s newsletter, Trump and Putin to hold Ukraine talks and Netanyahu plans to sack Shin Bet chief
Financial Times - 4h
Old Firm victory 'means everything' to Celtic despite points advantage

Brendan Rodgers says the points gulf between his Celtic side and Rangers is irrelevant before Sunday's Old Firm derby. Celtic lead the Scottish Premiership by 16 points from their Glasgow rivals, ...
Yahoo Sports - 2d
Watch: Key moments in Mark Carney's road to becoming prime minister

Mark Carney has won the race to succeed Justin Trudeau as Canada's prime minister and Liberal Party leader.
BBC News - Mar. 10
S&P 500 gets closer to correction territory Tuesday as investors grapple with Trump tariff fears

The U.S. stock market is struggling with soured sentiment over President Donald Trump’s tariffs, with the S&P 500 attempting to rebound from a big slump that left it near correction territory.
MarketWatch - 5d
‘Game changer’: German spending plans lift bond market’s growth forecasts

Chancellor-in-waiting Merz’s promise to do ‘whatever it takes’ pushes Bund yields sharply higher in anticipation of more issuance
Financial Times - Mar. 8
2025 NASCAR at Phoenix odds, predictions, time: Model that hit 19 winners says Shriners Children's 500 picks

SportsLine simulated the Shriners Children's 500 2025 at Phoenix Raceway 10,000 times. Use its projected leaderboard for NASCAR picks at sites like PrizePicks, DraftKings, and FanDuel
CBS Sports - Mar. 9
3 Ways AI Can Create More Tailored Marketing Strategies for Retail Brands

Personalized marketing at scale used to be impossible. With AI, it’s become a reality.
Inc. - 6d
What Is a Stock Market Correction?

The S&P 500 has fallen 10.1 percent from its recent high, crossing a threshold that signals investors have turned pessimistic about stocks.
The New York Times - 3d
U.S. stock market loses $5 trillion in value in three weeks

The S&P 500 has fallen more than 10% from its record high, entering a correction and shedding trillions of dollars in market value.
CNBC - 2d
Warren Buffett’s Advice Is Worth Remembering as Stock Market Gets a Gut Check

The S&P 500 just notched one of its fastest corrections in history.
Inc. - 1h
Detroit Tigers option third baseman Jace Jung to Triple-A Toledo in spring training cuts

Without Jace Jung, the Detroit Tigers seem content with a platoon at third base of Zach McKinstry vs. right-handers and Andy Ibáñez vs. left-handers.
Yahoo Sports - 2h
Wells Fargo’s stock dips even as analyst proclaims ‘good entry point’ for investors

RBC Capital says Wells Fargo’s stock is a good buy after the recent financial-stock selloff — but it continued to fall along with most bank stocks Thursday.
MarketWatch - 3d
Israel says it is cutting off its electricity supply to Gaza

Israel has cut off the electricity supply to Gaza
ABC News - Mar. 10
The Stock Market Tends to Rally Big After a Correction

The S&P 500 is down 10 percent from its recent high, but long-term investors shouldn’t sweat it.
Inc. - 3d
Why the worst of this stock-market correction may be over

If this downturn is typical, the S&P 500 will lose 13.6% in total, bottom in mid-May and be recovered by September.
MarketWatch - 1d
Amazon forest felled to build road for climate summit

The infrastructure required to host COP30 in Belém is undermining the cause, campaigners say.
BBC News - 5d
If Trey Hendrickson, Bengals trade market collapses, what happens next?

A new update says the Trey Hendrickson trade market might've dried up.
Yahoo Sports - 2d
This hedge-fund-style ETF is aimed at investors looking to diversify in volatile markets. Here’s what to look for.

Markets have been volatile this year, with some investors turning to alternative strategies for diversification as those increasingly become available to the masses.
MarketWatch - 4d