Bank of America: The Nasdaq relative to the S&P 500 index is approaching a key point, which may trigger a reversal in U.S. stock trading trends

Zhitong
2024.11.22 12:22
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Bank of America strategists pointed out that the relative level of the Nasdaq 100 Index to the S&P 500 Index is close to a critical point, which may lead to a reversal in U.S. stock trading trends. Strategist Michael Hartnett advised investors to shift their funds to markets outside the U.S., particularly Chinese and European stocks. The S&P 500 Index is expected to experience double-digit fluctuations in 2025, and a decline in bond yields could be a key factor for further increases. U.S. stock funds are expected to attract record inflows, while European stock funds may face outflows