US office vacancy rate jumps to record high

BofA survey suggests consumers plan to ease spending this year

January 10, 2024 8:30 AM EST

In its consumer checkpoint note Wednesday, Bank of America said its Winter Spending Survey suggests consumers are planning to pull back a bit this year, potentially trimming their spending on meals out and other experiences.

The firm explained that consumer spending finished solidly in 2023, with total card spending per... More

SPDR S&P 500 ETF Trust (SPY) option IV near low end of range

January 9, 2024 10:38 AM EST

SPDR S&P 500 ETF Trust (NYSE: SPY) 30-day option implied volatility is at 12; compared to its 52-week range of 10 to 24 amid China Says Russians Showed Enthusiasm on Ukraine Peace Talks - Bloomberg.

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Active ETFs: SPY LQD QQQ LABU UNG TQQQ XBI EWZ

January 9, 2024 9:52 AM EST

Active ETFs: SPY LQD QQQ LABU UNG TQQQ XBI EWZ

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Trade Balance (Nov) -$63.2B vs -$64.9B Expected

January 9, 2024 8:30 AM EST

Trade Balance (Nov) -$63.2B vs -$64.9B Expected

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Russell 2000 (RUT) outlook for 2024, as per Goldman Sachs

January 9, 2024 8:14 AM EST

Goldman Sachs strategists are out with their 2024 preview for Russell 2000 (RUT) and small-caps stocks in general.

Strategists, led by Ben Snider, anticipate further gains for US small-cap stocks, citing a combination of favorable factors such as current low valuations and a positive economic outlook.

The Russell 2000 small-cap index is projected to deliver a return of approximately 9% over the next six... More

Selling dominated the first trading week this year, BofA's client flows show

January 9, 2024 7:53 AM EST

During the recent market sell-off, Bank of America clients exhibited a shift in their investment behavior, according to the banks strategists.

The week saw net selling of US equities by clients, marking the first time in three weeks, with outflows amounting to $2.1 billion, the largest since July. The selling pressure was observed in ETFs, while clients remained small net... More

Use market pullbacks to buy stocks - Goldman Sachs

January 9, 2024 6:26 AM EST

Goldman Sachs strategists, including Cecilia Mariotti, advised the brokers clients against interpreting elevated bullish positioning as an inherently bearish signal.

Accordingly, such sentiment doesn't indicate bearishness, particularly in the absence of significant macroeconomic deterioration.

Mariotti sees these positioning levels as presenting opportunities to capitalize on market dips... More

Dow, S&P 500 retreat as yields edge up ahead of data, earnings

January 9, 2024 6:19 AM EST

By Chuck Mikolajczak

NEW YORK (Reuters) -The S&P 500 and Dow lost ground and closed lower on Tuesday, pressured by a modest rise in Treasury yields as investors assessed the timing and size of any Federal Reserve interest rate cuts in 2024 ahead of inflation data this week.

Expectations the central bank could begin cutting rates as soon as March have been slowly decreasing, with CME's FedWatch Tool showing a 65.7% chance for a cut of at least 25 basis points (bps) for the month, down from 79% a week ago.

That has helped keep U.S. Treasury yields... More

Futures tick lower, scrutiny on Boeing intensifies - what's moving markets

January 9, 2024 5:35 AM EST

Investing.com -- U.S. stock futures pointed lower on Tuesday, suggesting a possible retreat from gains in the prior session that stemmed in part from a rally in shares in chip designer Nvidia (NASDAQ: NVDA). Elsewhere, two airlines reportedly discover loose parts on some of their grounded models of Boeing's (NYSE: BA) 737 Max 9 jet, adding to scrutiny on the planemaker that has been building since a dangerous mid-flight blowout on a single version of the aircraft last week.

1. Futures edge... More

Global S&P Futures mixed in premarket

January 9, 2024 4:28 AM EST

Global S&P Futures mixed in premarket, Nikkei up 1%, DAX mixed, WTI Crude oil recently at $71.50, natural gas mixed, gold at $2040

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