Fed leaves rates unchanged, flags 'lack of further progress' on inflation
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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 Street sinks as bond yields rise, Walmart results disappoint
- Supermicro probe finds no senior management link to export violations
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
BofA: Sell Side Indicator (SSI) sentiment barometer falls in April
May 1, 2024 6:19 AM EDTThe Bank of America Sell Side Indicator (SSI) fell to 54.6% in April after rising over the prior two months, according to the firm in a note Wednesday.
The indicator is BofA's contrarian sentiment barometer, tracking sell-side strategists' average recommended allocation to equities in a balanced fund.... More
