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Truist Reinstates Tech Sector to Overweight Status After Sharp Selloff
Jpmorgan: If there is no urgency for the Federal Reserve to relax monetary policy, US stocks still face risks.
JPMorgan's newly appointed market strategy director stated that the US stock market is no longer a one-sided upward trend, but rather a growing number of two-sided trends. The recent rotation of stocks appears to be closing out cycles rather than the beginning of trend-selling over the entire cycle. Kolanovic was JPMorgan's former market strategy director who left in July. An analysis article by Wall Street News pointed out that his departure might not be good news for the US stock market.
'Markets Are Overly Worried About a US Recession' - Invesco's Kristina Hooper
Exchange-Traded Funds Higher, Equity Futures Mixed Pre-Bell Thursday as Jobless Claims in Focus
Dollar Falls Ahead of Further U.S. Labor-Market Data -- Market Talk
Long-Term Drivers of FX Markets