While global stocks are likely to continue higher despite fresh tariff concerns, Bank of America strategist Michael Hartnett has warned that moves above 6,300 for the S&P 500 could trigger a “sell signal.” Bank of America strategists said in a research report that investors have allocated significant funds into cash and bonds in recent days, even as stocks rallied to record highs. Both the Dow Jones Industrial Average and the Nasdaq Composite edged higher as markets welcomed the easing of Middle East tensions and positive sentiment driven by macroeconomic tailwinds.…
S&P 500 rally brings it closer to sell signal: BoFA
