While US stocks have been going from one record to the next, global asset allocators haven’t quite kept up. And that may keep the market’s upward momentum intact as fund managers try to catch up. Global investors poured $14 billion into US equity funds, on average, in each of the past 12 weeks, EPFR Global data analyzed by Jefferies show. That’s only about half of what was seen when inflows to US ...
While US stocks have been going from one record to the next, global asset allocators haven’t quite kept up. And that may keep the market’s upward momentum intact as fund managers try to catch up. Global investors poured $14 billion into US equity funds, on average, in each of the past 12 weeks, EPFR Global data analyzed by Jefferies show. That’s only about half of what was seen when inflows to US equity funds last peaked in December 2024. Adjusted for the share-price rally since then, the reading drops to about one-third. This may offer peace of mind to investors wondering if the massive rally in the S&P 500 Index since late March has gone too far, too fast. While worries about the war in Iran and hot inflation at home linger, the fund-flow analysis suggests investors have more money to put to work to lift the market. “That would still represent a strong tailwind for US stocks if it began to come back,” said Andrew Grenebaum , the senior vice president of equity research product management Jefferies who analyzed the data. The S&P 500 has surged 18% from its March low, while the tech-heavy Nasdaq 100 has gained 28%, clocking 13 records along the way. The advance came as investors grew more optimistic about a ceasefire in Iran and Corporate America delivered stronger than expected quarterly results. That’s partly explained the recent rotation back into the US and away from global developed market equity funds. Another reason behind the setup, according to Greenebaum: “The trade out of the US was getting quite long in the tooth.” Inflows into US equity funds had been slowing before the war in Iran started as investors appeared to focus on global markets. By mid-March, flows into US equity funds, when viewed as a share of assets under management on a rolling basis, hovered near zero. Eventually though, the ex-US trade became crowded and rising geopolitical tensions triggered a renewed flight back into US equity funds. Another set of data that combines computer-based and...
Pre-Market Stock Futures: Futures are trading higher on Thursday after another wild day on Wall Street, during which the major indices moved in different directions. Another round of disturbing inflation data hit the tape as the Producer Price Index for April came in at 1.4%, the largest move higher in four years, while Producer prices ... Here Are Thursday’s Top Wall Street Analyst Research Calls...
Pre-Market Stock Futures: Futures are trading higher on Thursday after another wild day on Wall Street, during which the major indices moved in different directions. Another round of disturbing inflation data hit the tape as the Producer Price Index for April came in at 1.4%, the largest move higher in four years, while Producer prices ... Here Are Thursday’s Top Wall Street Analyst Research Calls: Commercial Metals, Doximity, Draftkings, Hut 8, Illumina, Lowe’s, TeraWulf, Starbucks, Whirlpool,
Regent’s Park Open Air theatre, London The detective and his sidekick return for a new case by Joel Horwood in an alfresco setting that playfully refers to nearby attractions Outdoor drama is a pleasure complicated by the plot twists of the season. A day of almost hourly showers left the evening air so ominously moist for Sherlock Holmes that the detective could reasonably have announced: “The rai...
Regent’s Park Open Air theatre, London The detective and his sidekick return for a new case by Joel Horwood in an alfresco setting that playfully refers to nearby attractions Outdoor drama is a pleasure complicated by the plot twists of the season. A day of almost hourly showers left the evening air so ominously moist for Sherlock Holmes that the detective could reasonably have announced: “The rain’s afoot.” A deluge held off but gave way to such coldness that the smoke and dry ice in the production competed with the actors’ breath clouds. Billed as “a new mystery”, the script by Joel Horwood is a sort of bridge between Conan Doyle’s A Study in Scarlet (1887) and The Sign of the Four (1890). The conceit is that we are seeing the “real” events that Dr Watson, frantically transcribing most of the play’s dialogue into a notebook, later published as the second Sherlock Holmes book. Continue reading...
Shares of the electric-vehicle maker rose 0.6% to $448 in premarket trading, while and futures were up 0.2% and 0.6%, respectively. Coming into Thursday trading, Tesla stock has risen five of the past six days, gaining more than 14% over that span. With CEO Elon Musk traveling with President Donald Trump in China, optimism about Tesla Full Self-Driving (FSD) approval in that country seems to be th...
Shares of the electric-vehicle maker rose 0.6% to $448 in premarket trading, while and futures were up 0.2% and 0.6%, respectively. Coming into Thursday trading, Tesla stock has risen five of the past six days, gaining more than 14% over that span. With CEO Elon Musk traveling with President Donald Trump in China, optimism about Tesla Full Self-Driving (FSD) approval in that country seems to be the main stock driver lately.
Shares of wireless chipmaker Qualcomm (NASDAQ:QCOM) jumped 7.6% in the afternoon session after a combination of strong fiscal second-quarter results, promising developments for its data center processors, and a favorable US-China tariff suspension fueled multiple analyst upgrades.
Shares of wireless chipmaker Qualcomm (NASDAQ:QCOM) jumped 7.6% in the afternoon session after a combination of strong fiscal second-quarter results, promising developments for its data center processors, and a favorable US-China tariff suspension fueled multiple analyst upgrades.
Wei Li, chief global investment strategist at BlackRock, discusses the market implications of the meeting between Donald Trump and Xi Jinping and how geopolitical fragmentation and AI demand will drive inflationary pressures. (Source: Bloomberg)
Wei Li, chief global investment strategist at BlackRock, discusses the market implications of the meeting between Donald Trump and Xi Jinping and how geopolitical fragmentation and AI demand will drive inflationary pressures. (Source: Bloomberg)