Wall Street ends choppy day lower after jobs data
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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
Inflows to developed markets trending higher than into emerging markets - BofA
July 7, 2023 9:06 AM EDTIn the firm's Flow Show note Friday, BofA analyst Michael Hartnett said that for the first time since November 2022, inflows to developed markets $31bn past eight weeks are trending higher than into emerging markets.
The analyst revealed in the weekly flows section that $29 billion went into cash and $13... More
