The stock market is about to suffer a ‘snapback’ and will lose much of this year’s gains as ‘speculation is hitting extreme levels,’ BofA warns
By
Jason Ma
8h ago
Source
FORTUNEThe stock market is about to suffer a ‘snapback’ and will lose much of this year’s gains as ‘speculation is hitting extreme levels,’ BofA warnsfortune.comBank of America reaffirmed its year-end price target of 7,100 for the S&P 500, representing a 5% drop from the week's closing level.
You might also wanna read
Bank of America warns market may be near peak as tech IPOs loom
Bank of America has advised investors that the market may be near its peak, citing a darkening picture for consumers and unusually high pric
Bank of America predicts three Fed rate hikes in 2026, reversing earlier cut
Bank of America has revised its Federal Reserve outlook, now predicting three 0.25 percentage-point rate hikes in 2026 (September, October,
BofA strategist warns tech-heavy S&P 500 heading into bubble territory with SpaceX, OpenAI, Anthropic IPOs
A Bank of America strategist warns that the current market, driven by tech giants like SpaceX, OpenAI, and Anthropic IPOs, is heading into d

Five top tech stocks with major upside, Bank of America says
Goldman Sachs Sees Two Risks Facing the Stock Market—Here's What To Know
bit.ly·1mo ago
Bank of America adjusts Broadcom price target after Q2 earnings trigger 12.6% stock drop
Broadcom (AVGO) stock dropped 12.59% on June 4 following the release of its Q2 FY26 earnings report, losing approximately $280 billion in ma

Comments
Sign in to join the conversation.
No comments yet. Be the first.