Traders firm up bets on Fed rate hike in May
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- S&P 500, Dow futures attempt recovery ahead of inflation report
- Oracle raises full year profit guidance, stock rises after hours
- Oil surges 6%, Brent and US crude both surpass $100 on more tanker attacks
- Analysts split on Apple after foldable iPhone Duo debut
- JPMorgan upgrades Meta on AI models and agents, sees 'meaningful headroom'
- S&P 500 ends down as oil tops $100 per barrel
- White House copper tariff plan stalls amid affordability concerns, sources say
- Trump promises $5,000 payout to U.S. adults if Republicans win election
- Crude Inventory 0.4M Barrels Last Week - EIA
- Meta stock jumps 5% premarket: Analysts bullish on new Muse AI agent
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S&P 500 at risk of falling as EPS recession is approaching - analysts
April 28, 2023 8:58 AM EDTA surge in Big Tech valuation could ultimately prove to be a dangerous development for the wider stock market, Bank of America equity strategist Michael Hartnett wrote in todays client note.
Investors poured $52.3 billion into cash in the week to Wednesday while $7.4B went into bonds, the 11th consecutive week of inflows.
Region-wise, Europe and Japan have once... More
