Previous close | 39.00 |
Open | 38.31 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 455.00 |
Expiry date | 2024-12-20 |
Day's range | 38.31 - 40.99 |
Contract range | N/A |
Volume | |
Open interest | N/A |
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.