Global S&P Futures mixed in premarket
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- S&P 500, Dow rise on Mideast deal hopes, SpaceX's historic debut
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Oil nears two-month lows on reports of imminent US-Iran peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Wall St set to gain on tech rebound, Middle East in focus
RBC Capital sees more broad-based improvement in US GDP expectations
March 11, 2024 8:37 AM EDTRBC Capital's head of U.S. equity strategy, Lori Calvasina, highlighted the key aspects they have noticed from their high-frequency indicators in a note Monday.
Firstly, the firm said one of its key sentiment indicators has started to retreat after hitting extreme levels, which has coincided with a stealth rotation in leadership.
RBC explained it had seen a sharp move lower on CFTC's US equity futures positioning gauge. "This was driven by a drop in positioning in Nasdaq... More
Bank of America says CTAs could start trimming their longs in equities
March 11, 2024 8:02 AM EDTAnalysts at Bank of America said Monday they believe the decline in equity price trend could cause CTAs trim their long positions.
The firm explained that since the end of October last year, the S&P 500, NASDAQ-100, EURO STOXX 50, and Nikkei 225 are each up more than 20%.... More

