The Latest Breaking News from Bank of America

Brian Moynihan said consumers, once again, are the backbone quietly propping up the American economy.

Financial stocks are taking a tumble as the S&P 500 pushes into correction territory. Despite this, these stocks maintain solid fundamentals for the long-term.

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -1.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.62%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.66%. March E-mini S&P futures (ESH25 ) are down -1.06%, and March E-mini Nasdaq futures...

The latest Bank of America Fund Manager Survey shows a record rotation from US to European equities, driven by Germany’s fiscal stimulus and rising defence spending. A net 60% of investors expect stronger European growth, marking a sharp sentiment shift.

The S&P 500 Index ($SPX ) (SPY ) today is down -1.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.67%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.89%. March E-mini S&P futures (ESH25 ) are down -1.29%, and March E-mini Nasdaq futures...

BofA is making changes to the oversight program it has had for years

Gen Z isn’t shy about splurging—whether it’s doom spending for a dopamine hit, spoiling their pets, or splashing out on rent. But soon they’ll actually have the financial power to afford it.

Intel stock has rallied since the company appointed Lip-Bu Tan as its CEO.

Spencer Rascoff said too many people have a “false impression that we prioritize metrics over experience.”

With a strong close to fiscal 2025 and a clear strategic direction for fiscal 2026, Okta looks poised for long-term success in the evolving identity security market. One analyst thinks otherwise.

Price increases may be preemptive, but “could give companies flexibility in a dynamic trade policy environment,” Bank of America analysts wrote.