Global S&P Futures mixed in premarket

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Citi: Nasdaq favored while EU banks shunned

June 11, 2024 6:17 AM EDT

Analysts at Citi said in a note that amidst the market uncertainty, the Nasdaq is favored.

The investment bank explained in its equity markets positioning model note this week that investor positioning in US equities stabilized after a pick-up in long flows over the past week.

Meanwhile, Nasdaq's... More

UBS explains how to invest in tech stocks

June 10, 2024 5:00 PM EDT

In a note Monday, UBS analysts said they see big opportunities in tech, particularly in those leveraging artificial intelligence (AI).

Their note, "How should I invest in tech?" emphasizes AI as a key driver, stating, "We think the adoption of AI will unlock value across a number of sectors."

For investors, UBS highlights information technology stocks as their "most preferred"... More

BofA: Bank stocks should remain well bid into US elections

June 10, 2024 5:40 AM EDT

Bank of America (BofA) analysts see positive signs for bank stocks heading into the US elections.

The note highlights how elections can significantly impact stock performance, noting the performance of Mexican and Indian equities in response to election surprises last week.

BofA believes the upcoming US... More