News Formal

The Fed delivered a best-case scenario for stocks: BofA

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

The Fed delivered a best-case scenario for stocks: BofA

Investing.com -- U.S. stocks saw their third-largest inflow of 2024, with $33.8 billion moving into the asset class last week, Bank of America said in a report Friday.

Emerging markets continued their positive streak with $1.3 billion, extending their run to 16 weeks of inflows. On the other hand, European equities registered their fourth consecutive week of outflows at $0.8 billion. Should the Fed manage to successfully orchestrate a “soft landing” for the U.S. economy, BofA sees international stocks and commodities as “best plays.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investors rush to money market funds before Fed rate cut, BofA saysInvestors rush to money market funds before Fed rate cut, BofA says
Source: Investingcom - 🏆 450. / 53 Read more »

Here's how BofA sees homebuilder stocks reacting to more Fed rate cutsHere's how BofA sees homebuilder stocks reacting to more Fed rate cuts
Source: Investingcom - 🏆 450. / 53 Read more »