Last Friday, Garrett Nelson of CFRA boosted his Rivian target price to $8 per share, which is 60% higher than his previous tag of $5. He's sticking to his sell recommendation regardless, because even with the increase, the current price target is 51% below the stock's most recent closing level.

A soft finish to 2024 still left stocks with a second straight stellar year. The S&P 500 logged a 23.3% gain, which follows a 24% rise in 2023. The combined gains of more than 53% was the largest two-year percentage jump for the index since year-end 1998,

Stock indexes closed mostly lower on Wall Street on the final day of another record-setting year. The S&P 500 slipped 0.4% Tuesday, but still managed to rack up a gain of 23.3% for the year, its second straight year with gains of more than 20%.

Solid corporate earnings growth also helped. Wall Street expects companies in the S&P 500 to report broad earnings growth of more than 9% for the year, according to FactSet. The final figures will be tallied following fourth-quarter reports that start in a few weeks.

Asian markets have opened with gains after U.S. stock indexes slipped as Wall Street’s weak end to last year carried into 2025.

Asian stocks are mixed after Wall Street snapped out of a spell of holiday season blues, with markets in Tokyo and China declining

Asian Shares Mostly Rise After Wall Street Rally Led by Nvidia TOKYO (AP) — Asian shares mostly rose Tuesday, deriving optimism from rising technology stocks on Wall Street, led by Nvidia. Japan's benchmark Nikkei 225 jumped 2.

Wall Street pointed higher before the opening bell on Monday, taking back some of its post-Christmas losses as markets prepare to kick off the first full trading week of 2025. Futures for the S&P 500 rose 0.