Stock market today: Live updates
Written by Black Hot Fire Network on March 28, 2024
12 Mins Ago
Investors might see another late-day ramp-up on Thursday afternoon, says chief investment officer
Thursday's session will be driven by both quarter-end rebalancing and the rolling of JPMorgan's collar trade strategy, according to Scott Ladner, chief investment officer at Horizon Investments.
This JPMorgan strategy will offer around $7 billion or $8 billion worth of stocks up for sale. For now, investors are lying in wait for these big trades to clear.
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