U.S. stocks inch to higher close as markets brace for CPI data, earnings
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- Wall St slips as Gulf tensions send oil to over six-week high
- Brent crude hits six-week high near $97 as Houthi strike targets Saudi Aramco
- Qualcomm stock surges 9.5% on Amazon AI deal & 25M share warrant
- Energy stocks rise premarket as oil prices climb on Middle East supply fears
- Novartis shares plunge 10% as failed drug trial clouds growth outlook
- Citi initiates UiPath coverage with Buy rating and $23 target
- WestPark Capital Starts Akebia Therapeutics (AKBA) at Buy
- Trump says Canada's Bombardier must build jets in US or lose market access
- Qualcomm to issue warrant to Amazon for up to 25M shares
- Wall St slips as Gulf tensions send oil to over six-week high
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
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Boston Fed Collins: Recent Data Eased Concerns About Imminent Need to Cut - Bloomberg
April 11, 2024 12:08 PM EDTBoston Fed Collins: Recent Data Eased Concerns About Imminent Need to Cut, Appropriate to begin Rate Cuts Later This Year - Bloomberg
... MoreECB Governors Still Confident About June Cut, Some See July Pause - Reuters
April 11, 2024 11:56 AM EDTECB Governors Still Confident About June Cut, Some See July Pause - Reuters
... MoreBiden Says Inflation News May Delay Rate Cut - Reuters
April 10, 2024 1:40 PM EDTBiden Says Inflation News May Delay Rate Cut, We Have A Plan To Deal With Inflation - Reuters
... MoreGoldman analysts see earnings driving US stock rally
April 10, 2024 6:20 AM EDTAnalysts at Goldman Sachs said in a research note Wednesday they expect corporate profits, supported by healthy economic growth, to be the primary driver of forward equity returns
The investment bank believes stocks with high operating leverage are poised to benefit, although, at the index level, the potential for further valuation... More
Citi sees opportunity in risky assets on reflation trade
April 9, 2024 1:58 PM EDTWith the US economic surprise index and GDP now rising again, analysts at Citi said in a note Tuesday that the market is trading the reflation trade.
When assessing assets performance in reflation, the investment bank stated that reflation is negative for government bonds, but only slightly... More
BofA Client Flows: 'Record selling in health care'
April 9, 2024 1:39 PM EDTBank of America released its latest equity client flow trends note on Tuesday, revealing that last week, outflows continued with "record selling in health care."
The bank said that last week, when the S&P 500 was -1%, its clients were net sellers of US equities, with outflows primarily... More
Investors unwound $9.4B in long positions last week - Citi
April 9, 2024 8:30 AM EDTAnalysts at Citi said in their Equity Markets Positioning Model note on Tuesday that net positioning declined for the S&P 500 as investors unwound $9.4 billion in long positions last week.
The firm stated that this reversed most of the risk flows observed the week prior and led to a... More
