Global S&P Futures mixed in premarket
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- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
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- Alan Greenspan, influential former Federal Reserve chair, dies at 100
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- Spain's ex-transport minister sentenced to 24 years for corruption
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Oppenheimer: Market strength should continue
April 1, 2024 9:57 AM EDTOppenheimer said in a research note to clients Monday that the market strength should continue.
The firm's view comes as it notes that the "right" benchmarks are showing confirming strength, meaning their ability to reach new highs together indicates continued strength.
Overall, the firm feels speculative themes... More
BofA says sentiment is moving higher but 'is nowhere near euphoria'
April 1, 2024 8:33 AM EDTBank of America told investors in a research note Monday that while sentiment is ticking higher, there is "still no euphoria."
Analysts at the investment bank explained that its Sell Side Indicator (SSI), a contrarian sentiment barometer that tracks sell side strategists average recommended allocation to equities in a balanced fund, ticked up 22bp to 55% in March, the... More
Citi: European markets broadening again
April 1, 2024 7:00 AM EDTCiti analysts said in a recent note that they continue to forecast broadening European market leadership over the medium term.
The view comes despite the fact that European markets have narrowed in the year-to-date.
"Broadening EPS growth is the key driver of our broadening call. Greater... More
