Global S&P Futures mixed in premarket

Go back to Global S&P Futures mixed in premarket

RBC Capital sees more broad-based improvement in US GDP expectations

March 11, 2024 8:37 AM EDT

RBC 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 EDT

Analysts 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