Analysis-'Overdue' pullback in US stocks to test dip-buyers' resolve
FREE Breaking News Alerts from StreetInsider.com!
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
Geopolitical shocks should be bought, not sold - BofA
April 22, 2024 10:14 AM EDTBank of America Securities analysts said in a research note Monday that they believe geopolitical shocks should be bought, not sold.
The bank is constructive, however, they note that further escalations in the Middle East could evolve into a tail risk.
Furthermore, BofA states that a... More
UBS and BofA weigh in on S&P 500 earnings so far
April 22, 2024 6:24 AM EDTAnalysts at Bank of America Securities and UBS have released notes providing their view of S&P 500 earnings so far, with guidance and margins highlighted as strong points.
72 S&P 500 companies (21% of index earnings) have reported so far.
BofA said in its note on Monday that demand has been weak, but margins are strong. There is a 6% earnings per share (EPS) beat and a 1% sales beat.
The proportion of sales beats is weaker than the historical average (59%),... More
