财联社4月3日讯（编辑 史正丞） 美国科技公司微软周四宣布，3款内部开发的AI模型正式推出广泛商用，展示该公司试图摆脱依赖长期合作伙伴OpenAI的努力。 具体来说，微软AI超级智能团队开发的 MAI-Transcribe-1、MAI-Voice-1和MAI-Image-2三款模型，涵盖了企业AI中最具商业价值的3项能力——语音转录、语音生成和图像创建 。 （微软首席执行官纳德拉宣布这项更新，来源：X） 微软表示，MAI-Transcribe-1是市面上最常用转录模型中准确率最高的。在涵盖所有语言的测试中，其平均错误率为3.9%。而OpenAI的GPT-Transcribe错误率为4.2%，Gemini 3.1 Flash为4.9%。 MAI-Voice-1语音生成模型据称可以在“单块GPU”上实现不到一秒内生成60秒音频，并能在长内容生成中保持语音的一致性。 MAI-Image-2最早发布于3月19日，周四也跟着另外两款模型一同实现广泛商用。目前该模型在“大模型竞技场”的文生图排名中位居第三，仅次于谷歌爆品Nano Banana 2和OpenAI的GPT-Image 1.5。 横向对比价格，MAI-Image-2的文本输入起步价格为每100万词元（tokens）5美元，图像输出为每100万词元33美元起。谷歌的Gemini 3 Pro图像生成模型为每100万词元120美元，Gemini 3.1 Flash图像为每100万词元60美元。 目标：自主开发世界前沿大模型 微软的最新举措源自于去年10月，当时公司与OpenAI重组了合作关系，允许微软单独或与第三方合作伙伴一起追求通用人工智能的权利。 此前的协议虽然允许微软使用OpenAI知识产权，但同时也禁止其开发竞争性的人工智能系统。 微软AI首席执行官穆斯塔法·苏莱曼公开表示， 该团队到2027年的目标是“能够真正达到最先进水平”，涵盖能够响应或生成文本、图像和音频的模型。 苏莱曼介绍称，公司正在构建训练模型所需的算力，并从去年10月开始部署英伟达GB200芯片。 他说：“从那时开始，我们将在接下来的大约12到18个月内逐步提升，达到前沿规模的计算能力。” 作为谷歌DeepMind的联合创始人，苏莱曼于2024年加入微软，负责将人工智能融入其消费产品。去年10月微软与OpenAI敲定协议后，苏莱曼于去年11月全职接手...

格隆汇4月3日｜据CNN：美国总统特朗普免去帕姆·邦迪美国司法部长职务。

格隆汇4月3日｜油服贝克休斯：美国钻井公司三周来首次增加石油和天然气钻井平台数量。

格隆汇4月3日｜美国商品期货交易委员会表示，因亚利桑那州监管预测市场的举措而对其提起诉讼。

格隆汇4月3日｜周四，即期布伦特原油（北海实物原油交割基准）突破了每桶140美元的高位，这是自2008年以来的最高水平。据标普全球公司称，北海地区交割的布伦特原油价格达到了每桶141.37美元，这是自2008年以来的最高水平。霍尔木兹海峡现已关闭超过一个月，这造成了国际能源署所称的石油市场历史上规模最大的供应中断。该海峡约占全球石油运输量的五分之一，而炼油厂在这数周里一直在竭力获取他们所能得到的任何石油。即期布伦特原油在一天前还略低于每桶128美元，而目前的价格已高于2022年俄乌危机的峰值。基准布伦特原油期货价格仍低于当时水平，但即期布伦特原油价格则代表了在更短时间内的原油交易价格。

DNY59/E+ via Getty Images The dollar index measures the U.S. dollar’s value against other leading reserve currencies, with the euro being the most exposed. Composition of the U.S. Dollar Index Futures Contract (ICE) The chart shows that the euro accounts for 57.6% of the dollar index’s value. The dollar index has been in a bearish trend since reaching 114.78 in Q3 2022, falling to a low of 95.55 in Q1 2026. However, the war in Iran has caused the dollar index to recover to around 100. While the U.S. dollar remains the world’s leading reserve fiat currency, gold has overtaken the dollar as the choice asset for central bank reserves. Central Bank Gold and U.S. Debt Holdings in Central Bank Reserves (Statista) A January 30, 2026, article on Statista stated: For the first time since 1996, foreign central banks now hold more gold than U.S. Treasuries (U.S. debt) in their reserves, marking a historic turning point in global reserve management. Gold holdings overtaking U.S. Treasuries signals a rebalancing of global reserves, with implications for the dollar’s global dominance. While the impact on the dollar index is not necessarily bearish, as all of the other currencies that compose the index have lost value, de-dollarization and the bearish trend could mean the index will continue to make lower lows. The Invesco DB U.S. Dollar Index Bearish Fund ( UDN ) moves higher as the dollar index declines. The dollar index recovers After reaching a low of 95.55 on January 27, 2026, the dollar index turned higher. Daily Chart of the U.S. Dollar Index (Barchart) The daily chart shows that the dollar index has rallied 5.33%, moving from the January 27, 2026, low of 95.55 to the March 31, 2026, high of 100.64. Consolidation, but the bearish trend remains intact While the dollar index has rallied over the past two months, the long-term trend since the Q3 2022 high and since the 2001 and 1985 peaks remains bearish. Long-Term Quarterly Chart of the U.S. Dollar Index (Barchart) The quarte...

Amazon.com Inc. will start charging sellers who use its shipping services a 3.5% “fuel and logistics” surcharge later this month, joining the ranks of shipping companies raising prices as the war in Iran pushes oil prices higher. The fees take effect on April 17 for customers of the company’s Fulfillment by Amazon service — which is used by many of the independent sellers who list their products on Amazon’s retail sites — in the US and Canada. Items shipped by Amazon on behalf of merchants who sell on their own sites or at other retailers will carry the surcharge beginning May 2. “Elevated costs in fuel and logistics have increased the cost of operating across the industry,” Ashley Vanicek, an Amazon spokesperson, said in a statement on Thursday. “We have absorbed these increases so far, but similar to other major carriers, when costs remain elevated we implement temporary surcharges to partially recover these costs.” More than 60% of products sold on Amazon come from independent merchants who pay Amazon sales commissions as well as fees for warehouse storage and delivery. The surcharge shows how Amazon can use its marketplace model to pass rising costs on to its merchant partners rather than shoppers. The fee will apply to the sum Amazon charges to ship an item, not the product’s sale price, Vanicek said, adding that the levies were “meaningfully lower” than those imposed by other carriers. The US Postal Service last week said it would increase prices by 8% on some packages.

Ericsson’s recent headway in securing contracts for 5G enterprise applications signals a rise in commercial deployments as business customers gain confidence in the technology’s potential to improve returns. In this episode of Bloomberg Intelligence’s Tech Disruptors podcast, Ericsson’s Head of Business Area Enterprise Wireless Solutions Asa Tamsons, who is also CEO of Cradlepoint, joins BI senior telecom analyst John Butler to discuss the outlook for enterprise 5G applications and how customers

kynny/iStock via Getty Images Adeia Inc ( ADEA ) is traditionally known as an old patent company in the pay-TV sector. However, it decided to transform into a key player in the semiconductor industry, as its portfolio covers some areas, including hybrid bonding , which is necessary to develop the next generation of HBM memory chips. (ADEA) 10-K Report However, the market still didn't grasp this significant transformation, which could change the company's trajectory, given its recent agreement with AMD and the renewal of its strategic partnership with Taiwanese UMC , in addition to its recent deals with Disney and Microsoft , which allow them to access ADEA's media portfolio. This would offset ADEA's decline in the pay TV sector and simultaneously provide it with strong catalysts that could change the market view of the stock and consider re-rating it . The company owns a large portfolio of around 14,000 patents that are distributed across two major sectors , media and semiconductors. The company's business model relies on collecting licensing fees from global companies that use its patents. The beauty of this model is that it has a high operating leverage, so once the company covers its patent costs, including R&D and legal fees, any additional dollar it generates from new licenses is directly converted into net profit, which explains the reason behind the company's high profit margins compared to traditional manufacturing companies. Management realized that the traditional cable TV segment is becoming obsolete, so it's gradually shifting this part of business to over-the-top "OTT" companies and uses the cash flow from the traditional sector to fund its innovations in semiconductor, as the future is there. Q4 Earnings Presentation Hybrid-Bonding technology For decades, the semiconductor industry has been relying on Moore's Law, as the number of transistors doubles every two years. A large chip was manufactured to include the CPU, GPU, and even memory, but after reac...

全球最重要的现货原油价格周四突破每桶140美元，创下2008年以来新高。 由标普全球发布的数据表明，北海原油现货价格指标即期布伦特升至每桶141.37美元，为2008年以来最高水平。 国际能源署称，霍尔木兹海峡关闭逾一个月造成石油市场历史上最大规模的供应中断。该水道承载着全球约五分之一的石油运输量。 即期布伦特价格较前一日略超128美元的水平大幅上涨，且高于2022年俄罗斯入侵乌克兰时的峰值。虽然基准布伦特期货价格仍低于俄乌战争爆发时的水平，但即期布伦特反映的是更短期、交割更即时的原油价格。 责任编辑：李肇孚

谷歌 周四为旗下视频剪辑应用Google Vids新增多项功能，包括通过文本提示指令操控与定制虚拟形象、支持Veo3.1模型、可直接导出视频至YouTube，以及借助Chrome插件录制内容。 用户可输入自然语言提示，指挥虚拟形象在场景中完成互动表演，例如与产品、道具或设备进行互动。谷歌表示，即便生成动态画面，Google Vids也能保持人物形象特征统一。 谷歌称，用户可根据视频主题，通过提示词调整人物外貌、更换服饰、搭建全新背景，完成个性化定制。 上个月，谷歌已在Google Vids中接入Lyria 3与Lyria 3 Pro音乐创作模型，支持用户为视频片段添加音效与配乐。本次更新后，应用将上线Veo3.1视频生成模型，可在剪辑工具内生成八秒短视频片段。所有用户每月可免费生成十条视频；谷歌AI Ultra与Workspace AI Ultra账号每月最高可生成一千条Veo视频。 此外，新增成品视频直传YouTube功能，省去下载再上传的繁琐步骤。所有导出视频默认设为私密状态，方便用户审核确认后再公开发布。 该公司还为这套视频工具新增了一款Chrome录屏扩展程序，支持用户录制带音频或视频画面的屏幕内容。 谷歌自2024年首次推出Google Vids以来，持续为其迭代功能，以满足企业内容创作需求。去年，谷歌为Google Vids上线AI虚拟形象功能，并向普通用户开放使用权限。今年2月，产品新增2D与3D卡通风格虚拟形象，同时新增七门配音语种支持，包括法语、德语、意大利语、韩语、葡萄牙语、西班牙语及日语。 Google Vids面临Synthesia、HeyGen、D-ID与Lemon Slice等竞品的竞争。 责任编辑：李肇孚

Richard Drury Higher rates are a growing headwind for stocks: the higher they go, the more pressure they put on equities. After a month of conflict, strategists are likely to start lowering year-end targets as oil prices keep inflation fears alive and the market stays focused on just one big issue. For now, the best approach is to ride out the volatility by owning stocks with strong company-specific strength, experts suggest. From a quant view, that means names with high return on equity and solid EPS growth. Below is a list of the top 10 large cap stocks ranked by their year over year ROE growth. The list includes market capitalization data and EPS revision grades for each stock. The list is topped by Vertiv Holdings Co ( VRT ), with a year over year ROE growth of 87.59%. AT&T Inc. ( T ) and Analog Devices, Inc. ( ADI ) follow closely behind, with Constellation Brands, Inc. ( STZ ) and Equinix, Inc. ( EQIX ) rounding out the top five. The top ten spans a diverse range of industries, from electrical components and telecommunications to semiconductors and data center REITs. Nasdaq, Inc. ( NDAQ ), MKS Inc. ( MKSI ), and Keurig Dr Pepper Inc. ( KDP ) are among the other top performers, along with US Foods Holding Corp. ( USFD ) and Keysight Technologies, Inc. ( KEYS ). Here is the list: Vertiv Holdings Co ( VRT ), YOY ROE growth: 87.59%, EPS revision: A+ AT&T Inc. ( T ), YOY ROE growth: 83.90%, EPS revision: A- Analog Devices, Inc. ( ADI ), YOY ROE growth: 77.51%, EPS revision: A+ Constellation Brands, Inc. ( STZ ), YOY ROE growth: 73.61%, EPS revision: A Equinix, Inc. ( EQIX ), YOY ROE growth: 55.67%, EPS revision: A+ Nasdaq, Inc. ( NDAQ ), YOY ROE growth: 50.66%, EPS revision: A+ MKS Inc. ( MKSI ), YOY ROE growth: 47.66%, EPS revision: A- Keurig Dr Pepper Inc. ( KDP ), YOY ROE growth: 44.74%, EPS revision: A US Foods Holding Corp. ( USFD ), YOY ROE growth: 43.69%, EPS revision: A- Keysight Technologies, Inc. ( KEYS ), YOY ROE growth: 40.99%, EPS revision: A+ More on ...

Dikuch/iStock via Getty Images Scorpio Tankers ( STNG ) up 3.9% in Thursday's trading after unveiling a strategic collaboration with reactor developer Ampera, backed by a $10M investment, to jointly develop and commercialize advanced micronuclear energy systems for marine, shipping, and related maritime applications. The agreement aims to address growing global demand for reliable, zero-carbon power solutions in maritime, offshore, and port infrastructure markets, the company said. Through the collaboration, Scorpio Tankers ( STNG ) said it will serve as the strategic market lead and domain expert for marine and maritime applications, contributing marine engineering, technical design, regulatory expertise, and global commercial relationships across shipping and maritime infrastructure markets, while Ampera will provide its microreactor technology, based on a compact, containerized design using thorium fuel. "Nuclear microreactors have the potential to fundamentally change how ships and offshore infrastructure are powered, and we believe this collaboration positions us at the forefront of that transition," Scorpio Tankers ( STNG ) President and CEO Emanuele Lauro said. More on Scorpio Tankers Scorpio Tankers - Looking Closer At 2026E Oil Transportation Scorpio Tankers Poised For Repricing Amid Venezuelan Oil Shift Scorpio Tankers Q4 2025 Earnings Call Presentation

Kenneth Cheung/iStock Unreleased via Getty Images In the rental car trade, the model is simple: buy, rent, and sell. But when those "moving parts" grind against $28 billion in debt, the music stops. Avis ( CAR ) recently announced a 5-million-share offering ( 5 million share offering ) a jarring U-turn for a company that spent years aggressively buying back its own stock. This is a clear admission that the "cannibal" has run out of appetite and now requires a public life raft. The Arithmetic of Desperation The wisdom of a share sale depends on the price. Selling when overvalued is genius; selling when undervalued is a discount on your future. With a $6 billion market cap, this offering is a massive "ask." In my opinion, management is signaling that survival outweighs concentration, diluting the "equity stub" to prevent their debt mountain from becoming a tombstone. This is a klaxon of structural necessity, not a sign of strength. The $34 Billion Elephant Avis carries $28 billion in net debt, giving it an Enterprise Value (EV) of roughly $34 billion. The business is essentially a massive pile of debt with a tiny sliver of equity sitting on top. Based on the most recent data ( Avis latest 10-K ) , the debt stack is effectively split into two distinct engines of risk: Vehicle Program Debt (~$19.3 Billion): This fleet-backed leverage is secured by asset-backed securities (ABS) and revolving lines, meaning the cars themselves are the collateral. Corporate Debt (~$6.0 Billion): This "unsecured" layer consists of senior notes and term loans, representing a direct claim on the company’s dwindling cash flow rather than specific physical assets. The issuance of the new 5 million shares could extinguish about 10/15% of this debt pile. Avis Total Debt (SA) The math is increasingly grim: interest expenses have ballooned to over 11% of revenues, and debt servicing has now surpassed $1 billion annually. This is a critical threshold. During the average of the past three years, $1 b...

MadamLead/iStock via Getty Images Today, we are going to take a look at the biotech sector as we moved into the second quarter. Despite being a ' high beta ' part of the market and the decline in the overall markets in the first quarter, the sector has managed to thread water here in 2026. The iShares Biotechnology ETF ( IBB ) started the second quarter almost exactly flat for the year. Something one would not expect given the spike of market volatility. IBB Stock Chart (Seeking Alpha) This relative outperformance was due to several factors which I will highlight in this article. The first was there was an uptick in M&A activity late in March to boost the sector to close out the first quarter on a high note. Notably, Apellis Pharmaceuticals, Inc. ( APLS ) was purchased on the last day of March in a $5.6 billion acquisition by Biogen ( BIIB ) . This triggered a better than 120% rally in the stock Tuesday. The same day, Eli Lilly ( LLY ) purchased Centessa Pharmaceuticals ( CNTA ) in a similarly sized acquisition that triggered a nearly 50% rally in CNTA on Tuesday. Last week, Merck ( MRK ) bought out Terns Pharmaceuticals, Inc. ( TERN ) in a $6.7 billion deal. Earlier in March, Day One Biopharmaceuticals ( DAWN ) agreed to be acquired by French pharmaceutical group Servier by $2.5 billion. Yahoo!Finance, Opening Bell Daily - 03/27/2026 These bevy of acquisitions, boosted the entire sector as nothing gets the ' animal spirits ' flowing in the sector more than M&A deals with big buyout premiums. One of the other reasons is there has been a significant rotation in the market in 2026. After driving most of the gains in the overall market from 2023-2025, there has been a notable drop in momentum within the Magnificent Seven in the first quarter of 2026. Microsoft ( MSFT ) was down just over 23% for Q1. This is Mr. Softie's worst start to a year since 2008 as the Great Financial Crisis. MSFT Stock Chart (Seeking Alpha) Biotech has benefited marginally from this rotation. V...

NEW YORK, NEW YORK - JANUARY 09: Construction workers at a construction site on a street in Manhattan on January 09, 2026, in New York City. The Labor Department reported on Friday that employers added 50,000 jobs in December, bringing the unemployment rate down to 4.4% (Photo by Spencer Platt/Getty Images)

MAI released models that can transcribe voice into text as well as generate audio and images after the group's formation six months ago.

In a matter of weeks, Aegea Saneamento e Participacoes SA went from eyeing a multi-billion-dollar valuation in a Brazilian IPO to watching its bond investors rush for the exits. S&P Global Ratings and Fitch Ratings cut the water utility deeper into junk territory this week, and put its credit score on watch for further downgrades after the company postponed the release of its financial statements. While Aegea said the delay was due to accounting adjustments and won’t affect cashflow, liquidity or covenants, it’s not the first time the company has to republish its results. The utility — which counts Singapore’s sovereign wealth fund GIC and Itausa SA among its key shareholders — restated financial statements from 2022-2024 back in September to correct how it previously accounted for profits on transactions between related parties. “Aegea already operates with a complex group structure, and we rely on analytical adjustments to consolidate cash flow and debt across key operating subsidiaries,” S&P said on April 1. “These developments weigh negatively on our assessment of management and governance regarding transparency, reporting practices, and risk management culture.” Aegea didn’t immediately respond to a request for comment. Selloff S&P’s downgrade — and warning of a potential debt acceleration if the statements aren’t published by April 10, which could constitute an event of default on some local notes and trigger cross-default clauses in its dollar notes — sent the bonds tumbling on Wednesday. Debt due 2036 plunged 14 cents on the dollar, the steepest drop since they were issued last year, sending yields to 12.5%, according to Trace pricing. The notes rebounded about 9 cents on Thursday as the company said it will release audited financial statements for 2025 on April 8. S&P’s cut and the fact that Aegea didn’t host a call to reassure investors “leads us to believe that the adjustments may lead to a greater deterioration in credit metrics than we previously expect...

NiseriN/iStock via Getty Images While the market has drifted down since the start of March, shares of aerospace and defense supplier Ducommun ( DCO ) have gained 11.3% since my last report . That is not just remarkable against the performance of the S&P 500, but also against aerospace and defense peers which generally have seen pressure on share prices as I discussed in a separate report . Ducommun is not just a very attractive company to invest in with a 191% return since I initiated coverage , but the company’s discussion of earnings and guidance provides a strong marker to assess growth drivers and pressures throughout the industry. In this report, I discuss the company’s Q4 2025 earnings as well as the outlook which was not a quantitative outlook but a qualitative one. I also update my price target as the prior target is nearly reached. Ducommun Growth Driven By Defense, Not Commercial Aviation Ducommun The slide above captures almost everything. Revenues grew 5% to $825 million. Defense sales grew 14% driven by 20% growth in missiles sales as well as strength in radar, military fixed-wing, rotorcraft and satellite related programs. Commercial aerospace sales, which normally is seen as the growth engine, were down 7% as Boeing continues to destock inventory. This is not really a result of a reduction in demand, but as Boeing was producing 737 MAX airplanes at lower rates it kept buying parts from its suppliers above the production rates leading to an inventory build. That decision was made to maintain supply chain health. That, however, cannot go on indefinitely and as Boeing was rather slow on the production rate ramp it also purchased more than it would need in the near term leading to lower sales today for the suppliers. So, this is an inventory normalization event rather than any destruction of underlying demand. Industrial sales grew modestly at 3% making it a stable contributor but not a meaningful growth driver. By end market, 58% of sales were derived in...

Luis Alvarez/DigitalVision via Getty Images Sometimes it can be tough to determine whether a company's correction represents a fair move to a new multiple and valuation, which then justifies a rebasing or recalculation of its entire upside , or if it's just a dip that in time will correct to the previously had valuation multiple. Frankly, this is one of the hardest things to handle as a value-oriented investor. It's also why I so rarely invest in companies at very high multiples - because I view these scenarios always at higher risk than others. Booz Allen Hamilton Holding Corporation ( BAH ) is a company that I have covered for years , yearning to invest in it when it was expensive, and then going in when it became, in my view, cheap enough. There's an argument to be made that I went in too early. As of right now, that assertion is objectively true. Saying this is simple, because since I bought, the company is down more than the market, which therefore makes it true, on an objective basis of fact. You will never hear me arguing against fact, only perhaps bring arguments to bear as to why this may change over time. You can find my last article here - but I went by before that, and since that original Buy, my position is down about 8%, while the market is down about 5%. Seeking Alpha Booz Allen Hamilton RoR Not exactly earth-shattering underperformance, but also not the reversal or start of reversal that I was necessarily hoping the company could deliver - nor the 18-25% upside I guided for in the January article, although it has now been only about 2-3 months since then. I insisted, and continue to insist, that BAH is a qualitative player in an underappreciated industry. And frankly, I am quite surprised that the war in Iran did not cause this company to rise up quite a bit. In this article, I will look at the company's performance, the backdrop, the results, and give you an update on my assumptions for the business. Booz Allen Hamilton - Upside is there, but may re...

核心要点 据《MS Now》周四报道，总统唐纳德・特朗普正准备解除司法部长帕姆・邦迪的职务。 四名消息人士向《MS Now》透露，邦迪即将离职。 知情人士称，美国环保署署长李・泽尔丁是接替她的热门人选。 2025 年 6 月 5 日，美国华盛顿，司法部长帕姆・邦迪与总统特朗普在白宫参加 “美国警察兄弟会” 圆桌讨论时发言。 据《MS Now》周四报道，总统唐纳德・特朗普正准备解除司法部长帕姆・邦迪的职务。 四名消息人士向《MS Now》透露，邦迪即将离职；三名知情人士向该媒体表示，环保署署长李・泽尔丁是接替她的人选之一。 该媒体称，特朗普近日已告知邦迪，她很快将被解职。 “她的时间不多了，” 一名消息人士告诉《MS Now》，并指出特朗普近期一直在与共和党人及盟友商讨解除邦迪职务的事宜。 《MS Now》指出，邦迪的解职计划尚未正式公布或最终确定，仍有可能发生变动。 责任编辑：郭明煜

Market sentiment among individual investors remained pessimistic overall, even as optimism improved slightly, according to the latest survey from the American Association of Individual Investors. Bullish sentiment, or expectations that stock prices will rise over the next six months, increased to 33.6% for the week ended April 1, up from 32.1% in the prior week. Meanwhile, bearish sentiment climbed to 51.4% from 49.8%. Equity markets remained volatile through the week, as developments surrounding the U.S.-Iran conflict continued to drive investor sentiment and risk appetite. Stocks saw sharp swings, with major indexes periodically falling into the red on concerns over potential escalation, before paring losses or rebounding on signs of possible de-escalation. Uncertainty over the Strait of Hormuz, and fluctuating ceasefire expectations kept markets on edge, while global equities reflected a broader risk-off tone across regions. Meanwhile, Treasury yields moved higher during the period, hitting multi-month highs and signaling growing pressure in fixed-income markets, adding to the cautious tone across asset classes. Volatility remained elevated throughout the period, with investors navigating a mix of geopolitical uncertainty and shifting market expectations, which continued to weigh on broader confidence. According to AAII, neutral sentiment, or expectations that stock prices will stay essentially unchanged over the next six months, also fell during the week, with the figure standing at 15.0%, compared to 18.1% last week. The survey has been conducted by the American Association of Individual Investors since 1987, in which it asks respondents for their thoughts on where the market is heading in the next six months. S&P 500 Tracking Funds: (MUTF: FXAIX ), (MUTF: VFIAX ), (MUTF: VFFSX ), (MUTF: SWPPX ), (NYSEARCA: SPY ), (NYSEARCA: VOO ), (NYSEARCA: IVV ), (NYSEARCA: RSP ), (NYSEARCA: SSO ), (NYSEARCA: SH ), (NYSEARCA:SDS), and (NYSEARCA: SPXU ). More on S&P 500 Index...