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Bank of America expects the upcoming CPI report to be more important than markets may believe. The report will be a key input for the Fed as it heads into the last policy meeting of 2024 next week.
The stock rose more than 4% to close at $143.71. Analysts have been feeling bullish on the stock's prospects for further gains amid big demand for its new Blackwell chips. Bank of America was the ...
"Today's market, 50% of it is asset-light growth companies, tech, healthcare, higher-margin industries," Bank of America Securities head of US equity and quantitive strategy Savita Subramanian ...
On Wall Street, bank stocks helped lead the way after several reported stronger profits for the last three months of 2024 than analysts expected. Wells Fargo jumped 6.7%, Citigroup rallied 6.5% and Goldman Sachs gained 6%.
NEW YORK (AP) — U.S. stocks rose Friday to turn what would have been one of the market’s worst weeks of the year into just a pretty bad one. The S&P 500 rallied 1.1% for its best day in six ...
Stock market today: Asian stocks are mixed ahead of key US inflation data Asian stocks were mixed on Wednesday after U.S. indexes drifted lower on Tuesday ahead of an update on U.S. consumer ...
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That's the highest since January 7 and edging closer to the psyhologically key $100,000 level. (The story was updated with new information.) Medora Lee is a money, markets, and personal finance ...