Traders keep bets the Fed's rate cuts will start in May
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- Wall Street dips as higher yields, rising oil prices mark shaky start to SeptemberÂ
- Oil prices jump 4% as fresh US-Iran fighting stokes supply fears
- Two Saudi tankers struck in Strait of Hormuz Monday
- Fed’s Barr backs rate hike if inflation fails to cool, September odds hit 66%
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Buy these 3 groups of stocks for 2024 - BofA
January 26, 2024 6:00 PM ESTAnalysts at Bank of America told investors in a note this week that they see three groups of stocks as a buy, noting upside opportunities in the sectors.
For 2024, "buy beta, dividend yield and cyclicality," declared BofA equity and quant strategist Savita Subramanian in the research note.
"Profits... More
