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BAC / Bank of America's stock gets a big boost from jobs data, surges toward a 5th straight gain

Bank of America's stock gets a big boost from jobs data, surges toward a 5th straight gain
Shares of Bank of America Corp. surged 3.6% toward a fifth straight gain in morning trading Friday, as they got a big boost from October jobs data, which fueled hopes that interest rates may have peaked. BofA's stock was up a scant 0.1% in the premarket just before the jobs data was released. Read More
Posted: Nov 3 2023, 09:50
Author Name: Market Watch
Views: 022970

BAC News  

Is Trending Stock Bank of America Corporation (BAC) a Buy Now?

By Zacks Investment Research
November 3, 2023

Is Trending Stock Bank of America Corporation (BAC) a Buy Now?

Bank of America (BAC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impac more_horizontal

Bank of America's stock gets a big boost from jobs data, surges toward a 5th straight gain

By Market Watch
November 3, 2023

Bank of America's stock gets a big boost from jobs data, surges toward a 5th straight gain

Shares of Bank of America Corp. surged 3.6% toward a fifth straight gain in morning trading Friday, as they got a big boost from October jobs data, wh more_horizontal

Wall Street Predicts These 3 Warren Buffett Stocks Will Soar 88% to 242%

By InvestorPlace
November 2, 2023

Wall Street Predicts These 3 Warren Buffett Stocks Will Soar 88% to 242%

Warren Buffett is undeniably the greatest living investor. Since becoming chairman of Berkshire Hathaway (NYSE: BRK-A )(NYSE: BRK-B ) in 1965, he gene more_horizontal

Financial Steals: 3 Bank Stocks With Outstanding Value

By InvestorPlace
November 1, 2023

Financial Steals: 3 Bank Stocks With Outstanding Value

Bank stocks continue to be under pressure, with the shares of many lenders now at a 52-week low. The Standards and Practices (S&P) Banks Index is curr more_horizontal

Bank stocks mixed after Fed leaves rates unchanged, as Bank of America dips while Goldman Sachs rises

By Market Watch
November 1, 2023

Bank stocks mixed after Fed leaves rates unchanged, as Bank of America dips while Goldman Sachs rises

Bank stocks continued to trade mixed after the Federal Reserve said it would leave interest rates unchanged, as expected. Bank of America Corp. BAC di more_horizontal

Investors should ‘be patient' with beaten-down bank sector, buy-side fund manager says

By Market Watch
November 1, 2023

Investors should ‘be patient' with beaten-down bank sector, buy-side fund manager says

The clouds over bank stocks aren't expected to clear anytime soon, fund manager Dave Ellison said, but some names remain attractive based on valuation more_horizontal

Bank of America: Why So Serious? The Meltdown Is Undeserved

By Seeking Alpha
October 27, 2023

Bank of America: Why So Serious? The Meltdown Is Undeserved

Bank of America has been oversold indeed, with it suffering a similar ailment to C, where both stocks are notably trading below their book values. Thi more_horizontal

3 Spectacular High-Yield Dividend Stocks Down 48% or More to Buy Right Now

By The Motley Fool
October 27, 2023

3 Spectacular High-Yield Dividend Stocks Down 48% or More to Buy Right Now

Bank of America is a bargain after its big sell-off. Brookfield Infrastructure has tremendous growth prospects with its asset rotation strategy. more_horizontal


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