Wall St stocks end higher with major corporate earnings in view
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Goldman Sachs expects 2024 S&P 500 total cash spending to rise
April 22, 2024 1:00 PM EDTGoldman Sachs said in a research note Monday that it forecasts 2024 S&P 500 total cash spending will rise by 9% to $3.7 trillion.
This will be led by cash mergers and acquisitions rising by 15% and buybacks increasing by 13%, with rising CEO confidence suggesting firms will be more willing to deploy... More
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
