Emil Lendof/The Wall Street JournalInvestors have a sour outlook on U.S. stocks. Contrarians say that is good news for the market.
Turmoil in the banking sector has dragged fund managers’ enthusiasm for stocks to a 2023 ebb, according to Bank of America’s most recent monthly survey. The stress adds to worries including lingering inflation, higher interest rates and a slowing economy that have driven them to cut their stockholdings to their lowest levels relative to bonds since 2009.
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Stock market today: Wall Street mixed as households get more nervousEuropean benchmarks rose Friday after Asian shares mostly declined on looming worries over U.S. banks and lagging demand from China, the region's major driver of growth.
La source: wjxt4 - 🏆 246. / 63 Lire la suite »
Stock market today: Wall Street slips as households get more nervousEuropean benchmarks are rising after Asian shares finished lower on looming worries over U.S. banks and lagging demand from China, the region’s major driver of growth.
La source: KPRC2 - 🏆 80. / 68 Lire la suite »
Investors may be crowding too much into defensive stocks amid market jittersA stock is considered overbought if its 14-day RSI goes above 70, signaling investors should consider easing their exposure.
La source: CNBC - 🏆 12. / 72 Lire la suite »