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Hedge funds sold US equities at a rate not seen since early January, marking a significant shift in investment behavior after five consecutive weeks of net buying. This change in momentum was...
Analysts at Bank of America Securities said in a note Friday that the S&P 500's strong first 100 days paves the way for a bullish rest of the year. According to the bank's research, when the S&P 500...
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks rebounded on Friday from sharp losses the day before on news of an improving consumer outlook on inflation, sending the Nasdaq to a fifth straight...
Investing.com - Nvidia (NASDAQ:NVDA) shares are skyrocketing. In just two days, the tech company's stock has risen more than 10%, and its market value has surged by approximately $243.376 billion,...
By David Randall NEW YORK (Reuters) - The typical summer slowdown in U.S. stock markets may be more pronounced this year with inflation jitters and an early presidential debate that have the...
AI and technology stocks are now core holdings among active funds, strategists at Bank of America said in a Friday note. “We screened the S&P 500 for stocks that saw the largest increase in ownership...
Wells Fargo analysts on Friday reaffirmed their year-end target for the S&P 500 at 5,535, a surge they believe will be driven primarily by the market momentum. The investment bank thinks that an...
The FOMC minutes data released Wednesday revealed that Federal Reserve policymakers are in no rush to lower the federal funds rate and are even contemplating raising it if inflation remains above the...
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