Markets were mixed on Friday.
The S&P 500 rose 0.3 percent to a new high but the STOXX Europe 600 fell 0.3 percent.
In Asia, the Nikkei 225 rose 0.3 percent but the Shanghai Composite fell 0.5 percent.
Investor sentiment was dented somewhat by US President Donald Trump's comment on Friday that he has not agreed to roll back US tariffs on imports from China, renewing concerns that the "phase one" trade pact could still fall apart.
Still, some analysts remain optimistic about the stock market.
“We maintain a significant and incrementally larger tilt in our model portfolio towards risky assets, based on signs of a cyclical recovery, easing geopolitical tensions, synchronized monetary easing, and defensive investor positioning across asset classes,” wrote JP Morgan's strategy team led by Marko Kolanovic.
Meanwhile, Tom Lee of Fundstrat Global Advisors raised his year-end S&P 500 target to 3,185, an increase of 60 points.
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