US stocks were mixed Monday and the S&P 500 eked out a record high for the sixth day in a row as investors digested the announcement of a trade deal between Washington and Brussels.

Since January 2019, the 4-6-D has materialized 27 times. What’s more, in 62.96% of cases, the following week’s price action results in upside, with a median return of 3.49%. With ZIM stock closing at $16.55 on Monday, we can roughly estimate that the security may pop to around $17.13.

Michael Kantrowitz, chief investment strategist at Piper Sandler, details why a rally fueled by macro optimism could soon face a reckoning.

Wall Street chugged mostly higher in premarket trading as Chinese and U.S. officials begin a second day of trade talks.

Wall Street’s record-breaking, weeklong run ran out of momentum on Tuesday. The S&P 500 slipped 0.3% for its first drop after closing at an all-time high in six successive days. The Dow Jones Industrial Average sank 204 points, or 0.5%, and the Nasdaq composite shaved 0.4% off its own record.

U.S. stock index futures edged higher on Tuesday as investors awaited earnings reports from a number of companies and the Federal Reserve's policy meeting that starts later in the day.

Shares of the world's largest publicly listed company closed at a record high on Monday, and the stock price is now almost equal to the average price target set by Wall Street analysts. This convergence point potentially creates a critical juncture where brokerages will either rush to catch up and raise their price targets on Nvidia (NASDAQ:NVDA)