Wall Street stocks fall as markets weigh strong wage data, Fed meeting
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Goldman: How higher bond yields impact equities
April 30, 2024 8:20 AM EDTGoldman Sachs said in its note Tuesday that while the correlation between bond yields and equities is complex and unstable, higher yields do impact stocks.
The investment bank stated that today, as deflationary pressures erode, the correlation between bond yields and equities is likely to be more... More
BofA reports largest US equities inflows in 8 weeks
April 30, 2024 7:58 AM EDTAnalysts at BofA said in its equity client flow trends note that last week, its clients were net buyers of US equities for the first time in five weeks, with the largest inflows seen in eight weeks.
The investment bank revealed that its clients bought both single stocks... More
Goldman Sachs sees CTAs buying stocks in every scenario next week
April 30, 2024 6:26 AM EDTAnalysts at Goldman Sachs said in a note Tuesday that they see CTAs (commodity trading advisers) buying global equities in every scenario over the next week.
The investment bank stated: "We now have CTAs as buyers of global equities & SPX in every scenario over the next week." They... More

