Post-rate cut bubble risks mean investors should buy bonds and gold, Bank of America says
With new easing cycle from the Fed kicking off, tech "bubble risks" are back, Bank of America strategist Michael Hartnett says.
Wall Street dips after rate cut rally, dollar firms
Wall Street closed flat on Friday, hovering near the previous session's record-high close for the Dow and S&P 500, while the dollar firmed as investors digested the Federal Reserve's 50-basis-point cut midweek that started a rate reducing cycle.
Stocks at risk of a bubble after Fed’s jumbo rate cut, BofA strategist says
One Bank of America strategist thinks the Federal Reserve’s decision to cut interest-rates by 50 basis points this week will ultimately end in tears for investors.
Wall Street soars to records as Dow leaps 500 in a rate-cut rally that swept the world
Wall Street romped to records as a delayed jubilation swept markets worldwide following the Federal Reserve's big cut to interest rates.
Futures slip after Wall Street's rally on Fed's rate cut
U.S. stock index futures edged lower on Friday, pausing after the previous session's rally set Wall Street's main indexes on track for weekly gains following the Federal Reserve's pivotal stance on monetary policy earlier in the week.
Wall Street jumps to record highs as global markets cheer Fed rate cut
Wall Street jumps to record highs as global markets cheer Fed rate cut.
Wall Street opens low after surge from Fed's interest rate cut
The New York Stock Exchange's main indexes open slightly lower on Sept. 20, as investors paused following a jump caused by an unusual interest rate cut by the Federal Reserve.
These 9 'Back to the USA' stocks will get the biggest boost from an American manufacturing boom: Bank of America
Reshoring efforts are bringing manufacturing back stateside. BofA says these companies are poised to benefit the most.
Here’s why BofA took another look at Carvana, and liked what it saw
Analysts at BofA Securities resumed coverage of Carvana Co.’s stock with a buy rating on Tuesday, saying that the online used ...
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Bubble risk in equities, buy bonds and gold says BofA
The euphoria in equity markets following the Federal Reserve’s interest-rate cut is stoking the risk of a bubble, making ...
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Report: Visionary Developers Plan ‘Moonshot’ Transformation of Bank of America Plaza in Downtown Dallas
First reported by D CEO, Mike Hoque and Mike Ablon are planning a $350 million redevelopment of the 72-story tower and four ...
Bank of America Takes a Bullish Stance on These 2 Stocks
The Federal Reserve’s FOMC committee will meet today, and with the pace of inflation down to an annualized rate of 2.5%, the ...
Bank of America Raises Minimum Wage to $24 on Way to $25 an Hour
Bank of America Corp. will increase its minimum hourly wage to $24 next month, taking the next step toward a goal of paying ...
Evergy, MDU Set For Growth But Black Hills Faces EPS Headwinds, Says BofA Analyst
BofA Securities analyst Ross Fowler reinstated coverage on four US utilities in the Great Plains. The analyst reinstated the ...
Bank of America names co-leaders for initiative linking investment bank, wealth units
Bank of America named co-leaders for the initiative on increased connectivity between its investment bank and wealth ...
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Hasbro Inc (HAS) Stock Rated Buy by BofA Securities
Hasbro Inc (HAS) stock saw a modest uptick, ending the day at $71.16 which represents a slight increase of $0.74 or 1.05% from the prior close of $70.42. The stock opened at $70.84 and touched a low ...
NiSource Set For Outperformance But CenterPoint Energy Faces Regulatory Hurdles, Says BofA Analyst
Analyst Ross Fowler reinstates Buy rating for NI with $37 price target and Neutral rating for CNP with $29 target. Forecasts ...
3 Artificial Intelligence (AI) Stock-Split Stocks That Could Help Set You Up for Life
Back in the dot-com boom era, stock splits became commonplace in response to soaring share prices. Amid the current ...