Dow, S&P 500, Nasdaq futures slip after 2-day rally with geopolitics and Fed in focus
Written by Black Hot Fire Network on March 18, 2025
Investors uber bullish sentiment for US stocks came to a screeching halt over the past month.
In a global survey of 171 participants, Bank of America's latest Global Fund Manager Survey showed the biggest drop in investor's allocation to US equities on record.
A team of Bank of America strategists led by Michael Hartnett described the move in the March survey as a "bull crash" with investor appetite for US stocks tumbling amid the 10% drawdown in the S&P 500 (