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Investors pile into stocks, dump US Treasuries

LONDON (Reuters) -Investors ploughed $20.1 billion into stocks in the week to Wednesday, a report from Bank of America citing data from EPFR said on Friday, rounding off a strong month for equities driven once again by rallying tech shares. U.S. Treasuries meanwhile saw their biggest weekly outflow in seven weeks at $3.6 billion, while Treasury inflation-protected securities got their biggest inflow since July 2023 of $300 million, BofA said. U.S. bond yields closed January slightly higher on ...
City Of United Kingdom United States Emelia Sithole Matarise Dhara Ranasinghe Lucy Raitano
Source: yahoo.com

BofA's Hartnett Says Stock Markets Are Behaving Like Dot-Com Era

(Bloomberg) -- The rush into technology stocks is resembling the bubble of 1999, reflecting an assumption that the economy will perform strongly despite tighter monetary policy, according to Bank of America Corp. strategists.Most Read from BloombergDonald Trump Loses London Case Against Ex-MI6 Spy Over Kremlin DossierA $560 Billion Property Warning Hits Banks From NY to TokyoApple’s China Slump Deepens Even as Total Sales Grow AgainQQQ Up in Late Trading as Meta Soars, Apple Falls: Market...
United States Michael Hartnett Jerome Powell Bloomberg Businessweek Meta Platforms Inc Jpmorgan Chase Co
Source: yahoo.com

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BofA Warns 'Fear Just as Costly as Greed,' Says Buy US Stocks

(Bloomberg) -- Two of Bank of America Corp.’s leading markets strategists struck a rare agreeable tone on Friday, each prophesying gains ahead for equities — at least in the near term.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashIsrael’s Fight With Iran Proxies in Syria Poisons Russia TiesIceland’s Blue Lagoon on Alert for Magma Flows After EarthquakesBiggest Cross-Asse...
United States Bloomberg Businessweek Jerome Powell Savita Subramanian Michael Hartnett Michael Msika
Source: yahoo.com

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