BofA says we are 'one bad payroll away from cracking' Magnificent 7 dominance
Emerging markets equity funds saw their largest weekly inflow since February, and tech funds continued to attract positive flows, Bank of America said in a new report.
Tech stock funds continued to attract investors, with $2 billion of inflows, even as other sectors like energy, consumer, and financials saw outflows. Moreover, $1.3 billion flowed into gold, marking the biggest two-week inflow since March 2022, and $1.2 billion was added to crypto assets.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
7 risk-on internet stocks to consider for second half of 2024: BofA7 risk-on internet stocks to consider for second half of 2024: BofA
Read more »
JPMorgan and Morgan Stanley boost buybacks and dividends, while Citigroup and BofA take smaller stepsThe big banks announced their plans to boost capital return to shareholders after passing the annual stress test administered by the Federal Reserve this week.
Read more »
These three Ds could drive commodity prices higher into 2025: BofAThese three Ds could drive commodity prices higher into 2025: BofA
Read more »
BofA's indicator is signaling S&P 500 will rise 13% over next 12 monthsBofA's indicator is signaling S&P 500 will rise 13% over next 12 months
Read more »
Boost returns in your 60/40 portfolio with 'the magnificent others,' AllianceBernstein saysAllianceBernstein says dividend-paying stocks look attractive right now.
Read more »
BofA: Don't sell in May and don't go awayBofA: Don't sell in May and don't go away
Read more »