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Worldwide Exchange

Wall Street's Great Debate, Regional Bank Sell-Off, and Year-End S&P 500 Target 03/04/24

Mar 4, 2024
Wall Street's debat on rally factors, New York Community Bank's stock rise, Bank of America's raised S&P 500 target for year-end. Insightful views from market experts on trading week ahead and regional bank outlook.
43:55

Podcast summary created with Snipd AI

Quick takeaways

  • Wall Street debates factors fueling rally vs. working against it.
  • Shares of New York Community Bank rise after reaching lowest level since 1997.

Deep dives

Boeing in Talks to Buy Spirit AeroSystems to Correct Production Flaws

Boeing and Spirit AeroSystems are discussing a potential acquisition as both companies seek to address production issues related to the 737 MAX 9 blowout in January. Shares of Boeing are trading relatively flat, while Spirit AeroSystems is up approximately 2% in the pre-market.

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