Barry Bannister predicts S&P 500 will hover around 5,500 next quarter. Expecting limited upside unless White House actions significantly change. Earnings projections for S&P 500 revised lower due to tariffs and inflation. Bannister suggests avoiding tech dips, favoring defensive sectors like healthcare. Market pressures may lead to modest stock returns moving forward.
Finra ordered Stifel to pay $132 million for misleading investors. Award is second-largest in Finra arbitration history. Stifel's fourth-quarter income impacted by nearly 57% due to award. Investor claims reflect ongoing issues with Stifel's structured note sales. The bank plans to seek judicial review of the arbitration ruling.
