Small-cap value companies are the most attractive in the market right now, according to Josh Brown, chief executive officer of Ritholtz Wealth Management. “I think the next leg of the rally didn’t wait for this pivot. I think it front-ran it,” Brown told CNBC’s “Halftime Report” on Thursday, pointing to the iShares Russel 2000 Value…

Check out the companies making headlines in midday trading. Live Nation — Shares of the entertainment company rose 6% after an upgrade to overweight from equal weight at Morgan Stanley. “We have increased conviction in durable long-term growth given Live Nation’s unique ability to capture the expanding global live music opportunity,” said analyst Cameron Mansson-Perrone.…

[The stream is slated to start at 8:45 a.m. ET. Please refresh the page if you do not see a player above at that time.] European Central Bank President Christine Lagarde is due to give a press conference following the bank’s latest monetary policy decision. The ECB on Thursday held interest rates steady for the second…

Check out the companies making headlines before the bell. Adobe — Adobe fell 3.6%, continuing the stock’s decline from Wednesday, after the company released disappointing guidance for fiscal year 2024. Foot Locker — The sneaker retailer gained 3.9% after Piper Sandler upgraded shares to overweight and raised the firm’s price target, calling Foot Locker one…

Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 6, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach said Wednesday the 10-year Treasury yield will continue to fall to the 3% range next year, following the Federal Reserve’s new forecast for rate cuts. “I think we’re still going to have bonds rallying,”…

Federal Reserve Board Chairman Jerome Powell answers a question during a press conference following a closed two-day meeting of the Federal Open Market Committee on interest rate policy at the Federal Reserve in Washington, November 1, 2023. Kevin Lamarque | Reuters The Federal Reserve dialed back its inflation projections on Wednesday, seeing its favorite gauge…

This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting. Text removed from the October-November meeting statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both statements. Zoom…

Check out the companies making headlines in premarket trading. Tesla — Shares fell 1.2% after U.S. safety regulators said Tesla will recall more than 2 million vehicles to fix issues with its driver assistance system. The electric vehicle maker will send out a software update to fix the problem, which impacts models Y, S, 3…

Target is Goldman Sachs’ “best long idea” in the retail space for 2024, as the firm expects a deflationary environment to improve discretionary sales. According to analysts led by Kate McShane, several catalysts can boost Target in the next 12 months: Goldman’s constructive outlook on the health of the consumer based on continued labor market…

Check out the companies making headlines in midday trading. Oracle — The software provider tumbled 11% Tuesday, a day after reporting lower revenue than analysts expected for the fiscal second quarter . Oracle posted $12.49 billion in revenue, below the consensus estimate of $13.05 billion from analysts polled by LSEG, formerly known as Refinitiv. Lucid…