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Squawk on the Street
S&P 500 Target Hike to 6000, Tech's June Dominance, “Mag 7”: Tesla Out, Broadcom In? 6/17/24
Jun 17, 2024
Anchors Carl Quintanilla, Sara Eisen, and Michael Santoli discuss bullish Wall Street calls on the S&P 500, tech sector dominance with Apple and Nvidia, and why Broadcom should replace Tesla in the 'Magnificent 7'. Plus, insights on rate cuts, Boeing probe, Tesla roundup, and activism boosting Autodesk shares.
41:17
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Quick takeaways
- S&P 500 target raised to 6000 by Evercore ISI, highlighting tech dominance in the market.
- Interactive Brokers suggests replacing Tesla with Broadcom in the 'Magnificent 7', emphasizing market dynamics.
Deep dives
The Impact of Protein on Restaurant Trends
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