S&P 500 barely rises as investors await key results, jobs data, Fed meeting

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RBC: US equity flows remain strong, on guard for end to pullback

July 29, 2024 1:06 PM EDT

In a recent note, RBC Capital analysts highlighted the robust state of US equity flows, even as they keep a vigilant eye on the potential end to the current market pullback.

The note detailed several key observations about the market's recent performance and investor sentiment. Firstly, earnings season has been satisfactory, keeping RBC in the "tired goldilocks" camp.

Despite some disappointing news from a few mega-cap growth companies, the bank said the... More