• Industrial, tech shares drive gains on Wall Street

    9 monthes ago - By Reuters

    Gains in industrial and technology shares helped U.S. stocks rebound from a two-day fall on Thursday as investors shrugged off the prospects of more interest rate hikes this year.
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  • 19 stocks that rake in the biggest returns when interest rates are rising, according to Bank of America

    9 monthes ago - By Chron

    Mario Tama/Getty
    As interest rates rise, investors everywhere are wondering what it means for stocks.
    Bank of America Merrill Lynch has identified S&P 500 stocks that are best helped by a higher nominal 10-year yield, based on how the stocks have historically responded to changes in rates.
    The screening is "based on a regression of stocks' monthly excess returns vs. monthly changes in the nominal 10yr yield from 1972-12/2017," Savita Subramanian, BAML's head of US equity and quant strategy, said in a recent note.
    On Wednesday, the yield on the 10-year note rose to a four-year high as the...
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  • Wall St. rises sharply as rate hike fears ease

    9 monthes ago - By Reuters

    Gains in technology and industrial shares helped U.S. stocks rebound from a two-day fall on Thursday as investors shrugged off the prospects of more interest rate hikes this year.
    Read more ...

     

  • 19 stocks that rake in the biggest returns when interest rates are rising, according to Bank of America

    19 stocks that rake in the biggest returns when interest rates are rising, according to Bank of America

    9 monthes ago - By Business Insider

    As interest rates rise, investors everywhere are wondering what it means for stocks .
    Bank of America Merrill Lynch has identified S&P 500 stocks that are best helped by a higher nominal 10-year yield , based on how the stocks have historically responded to changes in rates.
    The screening is "based on a regression of stocks' monthly excess returns vs. monthly changes in the nominal 10yr yield from 1972-12/2017," Savita Subramanian, BAML's head of US equity and quant strategy, said in a recent note.
    On Wednesday, the yield on the 10-year note rose to a four-year high as the Federal Reserve...
    Read more ...

     

  • Tech, Industrial Shares Drive Wall Street Higher

    9 monthes ago - By NY Times

    Wall Street's main indexes rose on Thursday, led by gains in technology and industrial shares as investors looked past fears of more interest rate hikes this year.
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  • Technology companies help drive US stocks broadly higher

    9 monthes ago - By Chron

    Technology companies and banks helped drive U.S. stocks broadly higher in early trading Thursday. Bonds yields declined after spiking a day earlier amid rekindled fears of higher interest rates. Investors were sizing up the latest company earnings news. Crude oil prices headed higher.
    KEEPING SCORE: The Standard & Poor's 500 index rose 11 points, or 0.4 percent, to 2,712 as of 9:54 a.m. Eastern Time. The Dow Jones industrial average gained 115 points, or 0.5 percent, to 24,913. The Nasdaq added 32 points, or 0.5 percent, to 7,250. The Russell 2000 index of smaller-company stocks picked up...
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