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- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
- S&P Dow Jones Indices adds Bloom Energy to S&P 500 index
- Citi highlights best Gen AI stocks to own for 2027
- Dell’s earning report was bullish for Intel CPU demand, analyst says
- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- Netflix raises prices in Germany and Austria, Citi comments
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Small-caps still cheap despite the Q4 rally - BofA
January 8, 2024 8:07 AM ESTAccording to analysts at Bank of America, small-cap stocks stocks are still historically cheap despite the rally during the fourth quarter.
In a note headed by BofA equity and quant strategist Jill Carey Hall, the investment bank said P/E ratios expanded across size segments to their highest levels since early 2022 following December's rally.
"The... More
