Accelerating sales from Microsoft's key Office business and strength in the company's cloud business should lead to double-digit returns in the next 12 months, Cowen & Co. said Tuesday.
Investors pulled money from both stock and bond funds in the past week, and shifted money within U.S. equities to health care and out of tech and financials.
Shares of Tesla tumbled as much as 8.9 percent after a New York Times feature outlined some serious struggles for CEO Elon Musk.
The yield curve just narrowed to its flattest level since before the financial crisis. But any worries a flatter yield curve spells the end of this bull run are premature, says one market watcher.
The Shanghai exchange is down 25 percent from the late January high, but that doesn't mean there has been a dramatic deterioration in the Chinese economy.