Stocks climb as megacaps lead; inflation data, earnings on deck
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- Wall St up after tech selloff as yields retreat; Moderna surges
- U.S. Treasury doubles buyback operation size for long-dated bonds
- Marvell shares jump after giving Google warrants amid custom chip deal
- Nvidia credit risk gauge hits new peak as SoftBank readies record bond issue
- Deutsche Bank calls Treasury buyback doubling similar to ’operation twist’
- Marvell issues Google warrant tied to custom chip deal
- Tech selloff weighs down Wall Street as bond yields climb
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Francisco Partners to acquire Weave Communications for $650M
BofA survey suggests consumers plan to ease spending this year
January 10, 2024 8:30 AM ESTIn its consumer checkpoint note Wednesday, Bank of America said its Winter Spending Survey suggests consumers are planning to pull back a bit this year, potentially trimming their spending on meals out and other experiences.
The firm explained that consumer spending finished solidly in 2023, with total card spending per... More

