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Wall Street Sees Dollar Soaring More, But Splits on How Much

(Bloomberg) -- The US dollar’s rally is gaining momentum alongside Donald Trump’s threat of sweeping tariffs, leaving currency strategists in agreement it has further to rise while war-gaming just how far it will go.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictThe Bloomberg Dollar Spot Index rose

Shopify Pushes Canada Stocks Gauge to Record, Shy of 25,000

(Bloomberg) -- Canada’s stocks benchmark closed at a fresh record Tuesday thanks to gains in the country’s largest tech stock, but narrowly missed a key psychological threshold of 25,000 points.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictThe S&P/TSX Composite Index gained as much as 1% to briefly

Wall Street Veteran Predicts S&P 500 To Hit 10,000 By 2029: 'Roaring 2020s'

In a bold projection that's sure to grab attention, veteran Wall Street strategist Ed Yardeni is calling for the S&P 500 index to soar to 10,000 by the end of the decade due to a “Trump 2.0” boost after Donald Trump's recent election victory. Yardeni, a longtime market analyst, said Tuesday that Trump's return to the White House — alongside a likely Republican-controlled Congress — will bring in a major regime shift that's positive for U.S. stocks, the economy and corporate profits. Why Yardeni