Intel, Nvidia, Eli Lilly rise premarket; BP, Novo Nordisk fall Investing.com — U.S. stock futures edged higher Tuesday, with traders awaiting the start of a two-day testimony from Fed chief Jerome Powell to Congress.Here are some of the biggest premarket U.S....
Bank of America technical strategists say S&P 500 will hit 6150. Bank of America’s technical strategists see a healthy summer rally for US equities on the horizon, with the S&P 500 (SPX) projected to reach 6150.Their analysis highlights the recent surge...
Globally, Value funds gave back some performance in June. Bank of America reported a shift in global fund performance for June, with Value funds experiencing a median decline of 0.88% compared to their benchmarks. Only 24% of Value funds managed to outperform in...
BofA: Clients sold $3.1 billion of US equities last week; tech inflows continue. Bank of America Securities said that last week its clients were net sellers of US equities for the second consecutive week, with outflows totaling $3.1 billion.Excluding untagged flows,...
Despite discounting in China, iPhones lost share in May, US weak: UBS. Despite heavy discounting during China’s “618” shopping festival, UBS analysts warned that Apple (NASDAQ: AAPL) iPhone sales continue to struggle.“iPhone...
