Traders firm up bets on Fed rate hike in May

Go back to Traders firm up bets on Fed rate hike in May

S&P 500 at risk of falling as EPS recession is approaching - analysts

April 28, 2023 8:58 AM EDT

A 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