S&P 500 jumps as dip-buyers piled into tech
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- 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 St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
Dividend stock demand 'should remain elevated' - BofA
December 30, 2022 12:24 PM ESTIn a note to clients Thursday, BofA analyst Alex Makedon said value won in 2022, and investors should "stick with it."
"While Value factors (+5.1% on avg.) trailed Growth factors (+6.0% on avg.) in Nov., Value remains ahead of Growth so far in 2022 (-3.7% vs -4.0%, respectively)," the analyst wrote.
He explained that 2022 was "marked by broad market leadership," with 73% of the almost 50... More
