Previous Close | 1.1500 |
Open | 1.1500 |
Bid | 0.8800 |
Ask | 1.2000 |
Strike | 180.00 |
Expire Date | 2025-01-17 |
Day's Range | 1.1500 - 1.1500 |
Contract Range | N/A |
Volume | |
Open Interest | 1.22k |
Stocks opened in the green on Wednesday, trying to mount a comeback from losses fueled by concerns about the impact of 'higher for longer' rates.
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.
Overall, ETFs pulled out $6.7 billion in capital last week, with U.S. equity ETFs leading the way with $8.1 billion in outflows.