Wall St ends mixed as inflation data comes into focus

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Go back to Wall St ends mixed as inflation data comes into focus

BofA clients sell US equities for the 2nd consecutive week, real estate leads outflows

April 11, 2023 11:04 AM EDT

BofA analyst Jill Carey Hall said Tuesday that last week, the firm's clients sold US equities (-$2.3B) for a second consecutive week.

The note on BofA's equity client flow trends reveals there were outflows from both single stocks and ETFs, which saw the first outflows since early... More

'Sell Before May and Go Away': Wells Fargo expects S&P 500 to drop to 3700

April 11, 2023 6:53 AM EDT

S&P 500 is likely to shift its direction in the coming days and likely correct 10% in the coming 3 to 6 months, Wells Fargo equity analyst Christopher Harvey told clients in todays note.

S&P 500 futures are trading modestly higher in pre-market Tuesday and within spitting distance of our 4200 SPX target, says... More