Wall Street stocks close lower on higher Treasury yields, rate expectations
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StreetInsider.com Top Tickers, 8/21/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Supermicro probe finds no senior management link to export violations
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
There were more big healthcare outflows last week - BofA
April 16, 2024 12:24 PM EDTIn BofA's latest equity client flow trends note, analysts at the investment bank said there were equity outflows across client groups last week, with more big healthcare outflows.
The equity outflows continue to be led by single stocks. Last week Bank of America's clients were net sellers of US equities... More
UBS expects S&P 500 earnings growth at 7% to 9%
April 16, 2024 11:48 AM EDTUBS analysts said in a note Tuesday that they expect S&P 500 earnings per share growth of 7% to 9% in the first quarter, consistent with its full-year target of 9% for 2024.
The investment bank remains neutral on US equities, meaning that investors should maintain allocations in line with their long-term financial... More
UBS: Broadening earnings growth signals support for stocks
April 16, 2024 8:16 AM EDTAnalysts at UBS said in a note Tuesday that the broadening of US earnings growth should underpin stocks.
The first-quarter US earnings season has kicked off with UBS noting there has been mixed results from several of America's largest banks.
The S&P 500 is trading at 20 times analysts' 12-month forward earnings forecast versus an average of closer to 15 times since 1985. Even after last week's setback, the... More
