Previous close | 4.1500 |
Open | 4.0900 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 390.00 |
Expiry date | 2023-12-29 |
Day's range | 4.0800 - 5.1000 |
Contract range | N/A |
Volume | |
Open interest | 13.77k |
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.