Previous close | 0.8600 |
Open | 0.8800 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 365.00 |
Expiry date | 2023-11-17 |
Day's range | 0.8300 - 1.1200 |
Contract range | N/A |
Volume | |
Open interest | 11.56k |
The stock gains came in spite of a continued rise in the price of oil and an uptick in Treasury yields.
Bank of America's optimism about the S&P 500's performance provides a glimmer of hope for investors. Their recommendation of the equal-weighted S&P 500 as a potentially better bet than the traditional index reflects a belief in the strength of smaller sized companies during the recovery phase.
Yields and dollars are surging and history shows that that often coincides with a tough time for stocks.