Traders firm up bets on Fed rate hike in May
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- S&P 500 dips, Nasdaq higher after data shows moderate inflation rise
- Equity positioning stays overweight, but summer extremes have eased: Barclays
- Oil prices rise by about $1/bbl on stalled US-Iran talks and tight fuel markets
- Micron reports Q4 today: Why Lynx Equity sees massive upside
- Moderna: Citi says oncology optimism is priced in, cuts rating to sell
- Zimbabwe helicopter crash kills six, government spokesperson says
- Apple's iOS 27 is blocking Trade Desk ads on Safari, analyst says
- S&P 500 dips, Nasdaq higher after data shows moderate inflation rise
- Mattel names Roger Lynch as chairman and CEO, replacing Ynon Kreiz
- HPE raises networking revenue outlook, secures $1.2B Vultr order
S&P 500 at risk of falling as EPS recession is approaching - analysts
April 28, 2023 8:58 AM EDTA surge in Big Tech valuation could ultimately prove to be a dangerous development for the wider stock market, Bank of America equity strategist Michael Hartnett wrote in todays client note.
Investors poured $52.3 billion into cash in the week to Wednesday while $7.4B went into bonds, the 11th consecutive week of inflows.
Region-wise, Europe and Japan have once... More
