RBC's Lori Calvasina Sees S&P 500 Upside Despite Fed Risk

Lori Calvasina, Head of US Equity Strategy at RBC Capital Markets, stated that the S&P 500 has upside potential despite Federal Reserve policy uncertainty. The statement came as the index fluctuated following its longest weekly advance since May, amid Middle East tensions, rising oil prices near $89 per barrel, and 30-year Treasury yields at their highest level since 2007. Chipmaker stocks gained following Anthropic's reported revenue growth.

Next story