BofA Observes Tech Sector for Signs of Investor Sentiment Shift

Reported 1 day ago

Bank of America strategists are monitoring the Nasdaq 100 against the S&P 500 for potential signals that investors are losing confidence in US stocks. A decline in the Nasdaq relative to the S&P 500 could prompt a significant shift from US equities, while BofA advises investing more in international stocks. The S&P 500 has been buoyed by a strong economy and innovations in technology, yet there are concerns about inflation and bond yields that may affect market dynamics heading into 2025.

Source: YAHOO

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