Global S&P Futures mixed in premarket
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- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
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Bullish positioning in US equities has been 'getting more extended' - Citi
July 9, 2024 8:46 AM EDTAccording to the latest Citi Equity Markets Positioning Model note, the early focus on US elections, sparked by the presidential debate, has not curbed the risk appetite and bullish positioning in US equities.
Positioning has been "getting more extended," according to analyst Chris Montagu. "Nasdaq futures and ETF positioning have... More
