Another Friday and still the S&P 500 SPX, struggles to break decisively above the 4,200 level. Debt-ceiling angst is battling with AI euphoria to leave the Wall Street barometer in the doldrums — bobbing near the top of a channel it has held all year.
‘Neutral’ is thus the apposite new rating for U.S equities from Citi. But, still, that’s an upgrade. The bank cites mild…
This story from marketwatch.com was posted on 2023-05-26 by @wildpursuit.