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Stocks Hit by Tech Rout on Eve of Fed Decision Day: Markets Wrap
Heavy selling resumed in Wall Street’s largest technology companies, with American shares snapping a two-day rebound amid signs investors are paring exposure in US risk assets. European stocks gained.
Consumers See Prices Rising But Plan Big Purchases Anyway, Bank of America Says
More Americans plan to buy a new home, appliance, or car in the next 12 months than a year ago, a Bank of America consumer ...
Gen Z's Global Spending Power to Hit $74 Trillion by 2040, but Savings Fall Short, BofA Report Reveals
Bank of America research highlights Generation Z's growing economic influence, accelerated spending habits, and challenges in ...
Germany Is Lifting a Foot Off Its ‘Debt Brake.’ Here’s Why.
An incoming government wants to borrow much more to revamp the economy and rebuild the military. That means a change in the ...
BofA survey sees slower global growth as investors turn defensive
Fund managers are now most overweight in banks, healthcare, and insurance stocks, while being most underweight in energy, tech, and consumer discretionary sectors. This suggests a broader trend toward ...
Investors dumped U.S. stocks at the fastest pace on record last week, according to this Wall Street survey
BofA Securities' weekly survey of fund managers revealed a 40-percentage-point reduction in clients' long positions on U.S. stocks in March, the largest drop in the history of the survey, according to ...
Wall Street's No. 2 bull holds his ground. The logic? Trump's popularity could get worse.
And not every Wall Street strategist is panicking. The biggest bull remains Oppenheimer's John Stoltzfus, who reiterates his 7,100 year-end call for the S&P 500. Now alone for second-highest target is ...
PNC Financial Services Group Inc. Trims Holdings in Advanced Energy Industries, Inc. (NASDAQ:AEIS)
PNC Financial Services Group Inc. trimmed its position in Advanced Energy Industries, Inc. (NASDAQ:AEIS – Free Report) by 8.9% in the fourth quarter, according to its most recent disclosure with the ...
Canaccord Genuity Group Reaffirms “Buy” Rating for Tesla (NASDAQ:TSLA)
Canaccord Genuity Group restated their buy rating on shares of Tesla (NASDAQ:TSLA – Free Report) in a research report released on Monday morning,Benzinga reports. The firm currently has a $404.00 ...
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Bank of America (BAC) Exceeds Market Returns: Some Facts to Consider
Bank of America (BAC) closed at $41.44 in the latest trading session, marking a +1.35% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 0.64% for the day. Meanwhile, ...
Markets are hoping Nvidia's big AI event this week will be a badly needed positive catalyst for the stock
With the shares down 13% in 2025, investors are looking for fresh updates from the GTC conference to help restart the rally ...
Trump economic advisor Kevin Hassett warns of more uncertainty over tariffs
President Donald Trump has shrugged off calls for more clarity about his policies, even as they stoke turmoil in the markets.