Consumer expectations for stocks hit three-year high in May

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 33 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 63%

Bank Of America 뉴스

S&P 500,Consumer Expectations,New York Fed

Consumer expectations for stocks hit a three-year high amid a roaring rally on Wall Street to start 2024.

from the Federal Reserve Bank of New York showed the mean perceived probability that stocks will be higher in the next 12 months rose to 40.5% in May, up from 38.7% in April.

But in a research note on Monday, Bank of America head of US equity and quantitative strategy Savita Subramanian noted that sentiment is "not euphoric." Bank of America's Sell Side Indicator, which tracks Wall Street strategists' recommended allocation to stocks, rose to 55.3% in May, which the bank notes is still "neutral." A reading of 58% or higher would usually be a sell signal.

NEW YORK, NEW YORK - NOVEMBER 24: A man sits on the Wall street bull near the New York Stock Exchange on November 24, 2020 in New York City. Warren Buffett Dumps Housing Stocks: It’s Time To Rethink Your Portfolio, Too

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 47. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Wall Street Desks Warn CPI Report May Upset Stock-Market Calm(Bloomberg) -- From JPMorgan Chase & Co. to Citigroup Inc., Wall Street’s most prominent trading desks are warning that investors should gear up for a...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Stock market today: Wall Street opens higher, adding to gains for MayNEW YORK (AP) — Stocks are opening slightly higher on Wall Street, putting the market a bit closer to the record high it set in late March. The S&P 500 edged up 0.
출처: SooToday - 🏆 8. / 85 더 많은 것을 읽으십시오 »

Stock market today: Wall Street pulls back, trimming its gains for MayNEW YORK (AP) — Stocks are pulling back and trimming their gains for May. The S&P 500 was 0.8% lower in early trading Wednesday and edging further below its record set last week.
출처: SooToday - 🏆 8. / 85 더 많은 것을 읽으십시오 »

Stock market today: Wall Street wilts to trim its May gains as bond yields keep risingNEW YORK (AP) — U.S. stocks closed lower under the weight of higher yields in the bond market. The S&P 500 fell 0.7% Wednesday, sinking further from its record set last week. The Dow Jones Industrial Average lost 1.
출처: SooToday - 🏆 8. / 85 더 많은 것을 읽으십시오 »