Economic growth in the U.S. accelerated in the second quarter as activity remained largely resilient in the face of an aggressive bout of Federal Reserve policy tightening. The world’s biggest economy expanded by 2.4% on an annual basis in the April to June...
By Bansari Mayur Kamdar and Johann M Cherian (Reuters) – The tech-heavy Nasdaq was set to lead Wall Street higher on Thursday, supported by a surge in Meta after its strong third-quarter revenue forecast lifted megacap growth and technology stocks, and hopes...
BofA Clients Swing from Buying Frenzy to Selling Spree: The Great Stock Market Showdown! When it comes to client flows, BofA analysts are playing stock market detectives, and last week was a real nail-biter! With the S&P 500 closing 0.7% higher, you’d think...
BofA analysts reflected on the last week’s client flows, in a week that saw the S&P 500 close 0.7% higher. According to analysts, BofA’s clients were “big net sellers” of U.S. stocks ($6.96 billion), which marks the biggest weekly outflow since November 2020. The...
Central Valley Community Bancorp (CVCY) operates as the holding company for Central Valley Community Bank, which offers various banking services to individuals, small and middle-market businesses, and professionals in California. Its deep understanding of the local...
