BofA says S&P 500 could drop to 3000 in H123

Next two months typically the strongest for flows - Bank of America

Bank of America equity strategist Jill Carey Hall says the firms clients have continued to buy stocks despite several analysts warning that the relief rally may have ended.

The S&P 500 rose 1.1% last week with the banks clients net buyers of U.S. equities for the fourth consecutive week. Investors were buying small and... More

Positioning suggests 'limited' investor conviction behind recent rally - Citi

Citis Chris Montagu believes the recent rally in equities was fueled by extremely bearish positioning. While some analysts suggested that the market bottom is in, Montagu says that weak positioning flows recorded last week show only limited investor conviction behind the recent rally.

Overall, the futures positioning in the S&P 500 remains neutral while Nasdaq is... More

S&P posts 4th straight decline as recession talk weighs on Wall Street

By David French

(Reuters) - Wall Street ended lower on Tuesday, with the S&P 500 extending its losing streak to four sessions, as skittish investors fretted over Federal Reserve rate hikes and further talk of a looming recession.

Meta Platforms Inc dragged down markets, with its shares sliding 6.8% following reports that European Union regulators have ruled the company should not require users to agree to personalized ads based on their digital activity.

However, technology names generally suffered as investors applied caution toward high-growth companies whose performance would be sluggish in a challenging economy. Apple Inc,... More

Global S&P Futures mixed in premarket

Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $77, natural gas down 1%, gold at $1784

Stocks slide, dollar up as market eye central bank rate policies

By Herbert Lash and Alun John

NEW YORK/LONDON (Reuters) -Global stocks posted a third straight day of losses and the dollar rose on Tuesday as the market weighed how long the Federal Reserve would keep interest rates high and "restrictive" to the U.S. economy.

Stocks on Wall Street fell, with all sectors in the red with the exception of utilities. The major bourses in Europe also declined as concerns mounted about a global slowdown before a raft of major central bank rate decisions next week.

MSCI's all-country world index, a gauge of stock performance in 47... More