Global S&P Futures mixed in premarket

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BofA clients sold stocks at end of Q1

April 2, 2024 12:20 PM EDT

In its latest equity client flow trends note, analysts at BofA Securities noted that last week, clients were net sellers of US equities driven by single stocks.

Most sectors saw outflows (eight out of 11), led by consumer discretionary and financials, while the communications services buying streak came... More

Citi: Is a faster FinTech stock recovery possible?

April 2, 2024 7:24 AM EDT

Assessing the global FinTech market in a note this week, Citi analysts considered whether the valuation/stock recovery can be accelerated.

The firm highlighted that many FinTech stocks continue to underperform even while delivering on their operating performance commitments. They note that two-thirds of the FinTech companies they covered... More