Q2 Earnings Better Than Feared but Dollar Headwinds Will Get Worse in Q3 - BofA
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- Stocks decline as interest rate uncertainty, earnings weigh
- ASML slides as Q1 sales fall short but firm still on track for 2025 revenue target
- US dollar weakens as market consolidates gains, but uptrend intact
- Abbott Laboratories (ABT) narrows 2024 earnings guidance, shares slip
- Stocks have priced in much of the 2024 optimism - Wells Fargo
- Hasbro (HAS) Announces Resignation of Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming
- ICZOOM Group (IZM) Discloses Request to Withdraw Registration Statement on Form F-1
- Alaska Airlines flights resume after being grounded over aircraft system issue
- Crude Inventory Rose 2.7 Million Barrels Last Week, Says EIA
- Lithium Americas Corp (LAC) Announces Proposed 55M Share Offering
- After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
- After-hours movers: United Airlines, J.B. Hunt, and more
- Midday movers: Morgan Stanley, UnitedHealth rise; Tesla falls
- Morgan Stanley, UnitedHealth and Bank of America rise premarket; Tesla falls
JPMorgan's Kolanovic Says to Shift Allocations from Equities into Commodities
August 8, 2022 5:01 PM EDT
JPMorgan's Kolanovic Says to Shift Allocations from Equities into Commodities
The analyst comments "The impressive US employment report suggests businesses remain in expansion mode despite a number of drags. Given diminishing risks of a more negative shift in behaviour, low positioning in risky assets and widespread negativity in... More
JPMorgan, Morgan Stanley and Citi Discuss Outlook for US Stocks
August 8, 2022 6:25 AM EDTThe S&P 500 managed to close in positive territory last week despite a scorching jobs report released on Friday. Stocks managed to recover earlier losses despite a surge in yields.
Futures are also modestly higher in Monday premarket trading as investors prepare for the CPI print on Wednesday. Moreover, the market will be closely watching for comments from three Fed speakers on Wednesday and Thursday.
Heres what the top Wall Street strategists have to... More
