TRENDING: Robinhood Leads 7 Top S&P 500 Stocks In 2025 Hard disk drive makers Seagate Technology (STX) and Western Digital (WDC) are already among this year's top-performers in the S&P 500 — but analysts at Morgan Stanley see more room for both stocks to run. Shares of both companies jumped Monday after Morgan Stanley analyst Erik Woodring sharply increased his price targets for the rival companies. Morgan Stanley's price target for Seagate is now 265, up from 168, while Western Digital is 171, up from 99. ...

US stocks fell on Tuesday, pulling back from a record-setting streak, as Fed Chair Jerome Powell signaled the central bank would proceed cautiously on further rate cuts and suggested equities were "fairly highly valued." The Dow Jones Industrial Average (^DJI) fell 0.3%. The S&P 500 (^GSPC) fell about 0.6%, and the tech-heavy Nasdaq Composite (^IXIC) lost around 1%. Stocks jumped on Monday to clinch a third straight day of record-high closes, lifted by optimism that the AI trade and further Fed policy e ...

Tuesday's speech by Fed Chair Jerome Powell at 12:35pm takes on heightened significance as markets seek clarity about the central bank's policy trajectory following last week's rate decision and the mixed market reaction that followed. Powell's commentary will be scrutinized for insights into the Fed's assessment of economic conditions, inflation progress, and the likelihood of additional rate adjustments at upcoming meetings. The speech comes as markets attempt to interpret the Fed's dovish or hawkish stan ...