S&P 500 Target Hike to 6000, Tech's June Dominance, Mag 7: Tesla Out, Broadcom In? 6/17/24

Published: June 17, 2024, 2:46 p.m.

b'Carl Quintanilla, Sara Eisen and Michael Santoli kicked off the holiday-shortened trading week with a look at bullish Wall Street calls on the markets, including Evercore ISI hiking its year-end S&P 500 target to 6000. The anchors also explored how dominant tech has been this month: The overwhelming number of S&P 500 leaders coming from the information technology sector -- Apple and Nvidia among them. At Post 9, Interactive Brokers Chief Strategist Steve Sosnick explained why he believes Broadcom should replace Tesla in the "Magnificent 7." Also in focus: Minneapolis Fed President Neel Kashkari on rate cuts, Senator Chuck Grassley launches a probe into Boeing and the FAA, Tesla roundup, activism boosts shares of Autodesk.\\n\\n\\n\\nSquawk on the Street Disclaimer'