Previous Close | 0.0300 |
Open | 0.0200 |
Bid | 0.0100 |
Ask | 0.0400 |
Strike | 555.00 |
Expire Date | 2024-01-19 |
Day's Range | 0.0200 - 0.0300 |
Contract Range | N/A |
Volume | |
Open Interest | 3.5k |
The stock gains came in spite of a continued rise in the price of oil and an uptick in Treasury yields.
Yields and dollars are surging and history shows that that often coincides with a tough time for stocks.
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.