BofA clients sell US equities for a second consecutive week
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/26/2026
- Wall St futures fall as chip stocks resume slide after Micron-led rally
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- IBM surges on unveiling sub-1nm chip technology breakthrough
- 'Long-term deals significant positive for stock:' Analysts react to Micron results
- Needham Starts NeoVolta (NEOV) at Buy
- Two major earthquakes strike Venezuela, killing at least 32 and injuring hundreds
- Hertz cuts guidance, announces notes and stock offerings, shares sink
- Wall St ends mixed as tech megacap declines outweigh upbeat chip outlook
- SanDisk stock target lifted by Citi on continued demand strength
Risk/reward for dividend stocks 'appears attractive' - UBS
February 22, 2023 9:29 AM ESTThe risk/reward for dividend stocks appears attractive, UBS analyst Alastair Pinder said in a research note Wednesday.
Pinder explained that after beating the market by 10% in 2022, high dividend-yielding stocks have lost momentum year-to-date, underperforming by 3% "amid the sizeable factor rotations."
However, UBS sees potential upside in the... More
Russia's Federation Council Approves Suspension Of New Start - Tass
February 22, 2023 7:44 AM ESTRussia's Federation Council Approves Suspension Of New Start - Tass
... MoreS&P ends down as Fed minutes fail to halt losing run
February 22, 2023 7:32 AM ESTBy David French
(Reuters) - The S&P 500 extended its losing streak to four sessions as Wall Street ended broadly lower on Wednesday, with investors cautious despite the latest guidance on rate policy from the U.S. central bank showing few surprises.
Minutes from the Federal Reserve's Jan. 31-Feb. 1 meeting said that "almost all" Fed officials agreed to slow the pace of increases in interest rates to a quarter of a percentage point.
There was also solid backing though for the belief that the risks of high inflation remained a "key factor" that would shape monetary... More
S&P 500 index seen climbing 5% by end of 2023: Reuters poll
February 22, 2023 7:14 AM ESTBy Sinéad Carew
NEW YORK (Reuters) - Wall Street's benchmark S&P 500 index is expected to advance about 5% from Tuesday's close by year-end although high interest rates and inflation have many strategists in a Reuters poll predicting a correction within the next three months.
The S&P 500 was expected to end 2023 at 4,200 points, which would amount to a 9.4% increase for the calendar year, according to the median forecast of 42 strategists polled by Reuters. This forecast target is unchanged from a November 2022 poll.
After falling 19.4% in 2022, the S&P 500 index is up 4.1% for the year so far.
... More