We see second-half “trouble rather than an era of new AI rules,” strategists led by Michael Hartnett wrote in a note on Friday. They highlighted the correlation between central bank liquidity and tech stocks, and indicated that it is incongruous the Nasdaq has been testing record highs while central bank balance sheets have fallen by around $3 trillion during the current rate-hiking cycle.
Hartnett was correct in his prediction for a stock-market slump last year and has maintained a bearish outlook in 2023 even as equities rallied in the first half. Hartnett delivered his warning even as tech stocks saw the largest inflows in ten weeks at $2.3 billion in the week through Wednesday, according to EPFR Global data cited by BofA. The data do not capture Thursday’s market moves.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Stock market today: Tech stocks rally after blowout Nvidia profit, while rest of Wall Street driftsNEW YORK (AP) — Technology stocks are jumping in early trading following a blowout profit report from Nvidia, but moves for the rest of Wall Street are more muted. The S&P 500 was 0.
مصدر: SooToday - 🏆 8. / 85 اقرأ أكثر »
Stock market today: Tech stocks rally after blowout Nvidia profit, while rest of Wall Street driftsTechnology stocks are jumping in early trading following a blowout profit report from Nvidia, but moves for the rest of Wall Street are more muted. The S&P 500 was 0.3% higher early Thursday, continuing a strong week that has trimmed its loss for August so far.
مصدر: CTVNews - 🏆 1. / 99 اقرأ أكثر »
Tech stocks rally, yields drop, ahead of Nvidia earnings: Stock market news todayStocks were higher on Wednesday afternoon with investors bracing for results from Nvidia after the bell.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »
Health-care stocks to benefit from tech advances, analyst saysInvestors are overlooking small health-care stocks on the TSX, according to one analyst.
مصدر: BNNBloomberg - 🏆 83. / 50 اقرأ أكثر »
European Stocks Drop as Nvidia-Fueled Tech Rally Loses SteamEuropean stocks fell as investors awaited comments from the Jackson Hole symposium and digested US data that showed applications for unemployment benefits fell to the lowest level in three weeks.
مصدر: BNNBloomberg - 🏆 83. / 50 اقرأ أكثر »
Tech Rally Puts China Stocks on Track for Best Day This MonthA gauge of Chinese stocks listed in Hong Kong headed for its best day so far in August, as optimism over earnings drove strong gains in technology shares.
مصدر: BNNBloomberg - 🏆 83. / 50 اقرأ أكثر »