Reported 1 day ago
Bank of America suggests that the dominant period of major stocks leading market gains may be concluding. According to BofA's Savita Subramanian, the market could shift from a downturn to a recovery phase, which may impact the performance of megacap stocks that benefited during previous phases. The company notes that while large-cap technology has thrived recently, signs of market rotation, particularly among small-cap stocks, could indicate a changing landscape ahead.
Source: YAHOO