NewsFeeder
10-30-2018, 01:00 PM
Bulls Hoping IBM Buyback Opens the Spigot on Corporate Demand
IBM is part of a cohort of buyers that have been absent as the S&P 500 Index hurtles toward its worst month of the bull market. Wall Street strategists have cited their return as one reason to buy the dip at a time when the Federal Reserve is more focused on keeping the economy from overheating. Stocks have erased more than $3 trillion in value since the S&P 500’s peak in September amid concern over a trade war with China and peaking profit growth.
https://finance.yahoo.com/news/bulls-hoping-ibm-buyback-opens-173316445.html?.tsrc=rss
IBM is part of a cohort of buyers that have been absent as the S&P 500 Index hurtles toward its worst month of the bull market. Wall Street strategists have cited their return as one reason to buy the dip at a time when the Federal Reserve is more focused on keeping the economy from overheating. Stocks have erased more than $3 trillion in value since the S&P 500’s peak in September amid concern over a trade war with China and peaking profit growth.
https://finance.yahoo.com/news/bulls-hoping-ibm-buyback-opens-173316445.html?.tsrc=rss