Wall Street rallies, S&P 500 posts record closing high
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StreetInsider.com Top Tickers, 8/26/2026
- Wall Street ends higher as tech rebounds before Nvidia results
- Oil settles down more than 3%; investors shrug off US sanctions on Iran
- 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
- Six Flags to move headquarters from Charlotte to Arlington, Texas
- Wall Street ends higher as tech rebounds before Nvidia results
- Oppenheimer Upgrades Capricor Therapeutics (CAPR) to Outperform 'on Approval Optimism'
- Intuit (INTU) Tops Q4 EPS; Offers FY27 Guidance
- Dick's Sporting Goods (DKS) Misses Q2 EPS by 25c, Offers Guidance
BofA: Momentum has already rotated into cyclicals
March 7, 2024 2:00 PM ESTThe market momentum has already rotated into cyclicals, according to analysts at Bank of America.
The investment bank explained in its research note Thursday that often when their "Global Wave" inflects and turns positive on the global cycle, momentum-based strategies can underperform while the constituents of Momentum rotate from... More
UBS: Macro backdrop is favorable for quality bonds
March 7, 2024 10:51 AM ESTUBS analysts said in a research note on Thursday that the current macro backdrop is favorable for "quality bonds."
The bank points out that while the ascent in US equities to all-time highs has grabbed headlines recently, US Treasuries have also rallied over the past two weeks.... More
