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A contrarian stock market indicator is on the verge of flashing a buy signal, Bank of America says

Bank of America's contrarian stock market indicator is just three percentage points away from flashing a bullish reading.

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BofA s Subramanian Says Stocks Can Keep Rising on Solid Growth

BofA s Subramanian Says Stocks Can Keep Rising on Solid Growth
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A contrarian stock market indicator is on the verge of flashing a buy signal, Bank of America says

None Stocks are edging closer to a "buy" signal, according to BofA's contrarian market indicator. • None The bank's Sell Side Indicator is just three…

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Treasuries Climb as Powell Downplays Fed Hikes: Markets Wrap

(Bloomberg) — Bonds climbed after the Federal Reserve decision was not as hawkish as feared by Wall Street, with Jerome Powell saying it’s unlikely the next move will be a rate hike. Treasuries also gained as the Fed agreed to slow the reduction in its bond portfolio. US two-year yields dropped below 5% as swap…

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Stocks Fall as Traders Bet on a Fed Hawkish Hold: Markets Wrap

(Bloomberg) — Stocks extended this week’s losses after weaker-than-estimated economic data, with traders expecting the Federal Reserve to signal their rate-cut plan remains on hold. Equities edged lower after data showed US factory activity contracted while input prices rose at the fastest pace since 2022. Separately, job openings figures signaled more softening in the…

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