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A contrarian stock market indicator is on the verge of flashing a 'buy' signal, Bank of America says

Bank of America's contrarian stock market indicator is just three percentage points away from flashing a bullish reading.

BofA's Subramanian Says Stocks Can Keep Rising on Solid Growth

A contrarian stock market indicator is on the verge of flashing a 'buy' signal, Bank of America says

None Stocks are edging closer to a "buy" signal, according to BofA's contrarian market indicator. • None The bank's Sell Side Indicator is just three…

Treasuries Climb as Powell Downplays Fed Hikes: Markets Wrap

(Bloomberg) — Bonds climbed after the Federal Reserve decision was not as hawkish as feared by Wall Street, with Jerome Powell saying it’s unlikely the next move will be a rate hike. Treasuries also gained as the Fed agreed to slow the reduction in its bond portfolio. US two-year yields dropped below 5% as swap…

Stocks Fall as Traders Bet on a Fed Hawkish Hold: Markets Wrap

(Bloomberg) — Stocks extended this week’s losses after weaker-than-estimated economic data, with traders expecting the Federal Reserve to signal their rate-cut plan remains on hold. Equities edged lower after data showed US factory activity contracted — while input prices rose at the fastest pace since 2022. Separately, job openings figures signaled more softening in the…

Markets today: U.S. stocks and bonds climb as Powell downplays hikes

Treasuries Rally With Fed Not as Hawkish as Feared: Markets Wrap

Markets today: U.S. Treasuries rally with Fed not as hawkish as feared

Markets today: U.S. stocks and bonds climb as Powell downplays hikes

Markets today: U.S. Treasuries fall after factory data as Fed in focus