An hour ago
After-hours movers
See the companies that made headlines after the bell:
Intuitive Surgical — Shares of the provider of robot-assisted surgical solutions rose 1% after the company reported stronger-than-expected results.
KB Home – The homebuilder rose nearly 2% after announcing that its board of directors had authorized a new $1 billion stock buyback.
Western Alliance — Shares of regional banks fell less than 1% in extended trading after the company reported disappointing earnings.
-Yun Li
An hour ago
Bearish sentiment increased in the latest AAII poll, but bullish sentiment remained above average through week 24.
Main Street investors became significantly more bearish in the latest weekly survey from the American Individual Investors Association, but not enough to keep optimism from remaining above average for a 24th straight week.
Investors pessimistic about the outlook for stock prices over the next six months rose to 34.0% – the highest since early November – from 24% last week.
This was the first time since early November, shortly after the current bull market began, that investors’ bearishness was above the long-term historical average of 31.0%.
Bullish sentiment narrowed to 38.3% – still above the long-term historical average of 37.5% – from 43.4% last week. The recent high was reached the week before Christmas, when bullish sentiment reached 52.9%, although the figures of 51.7% and 50.0% at the start and end of March came close.
-Scott Schnipper
News Source : www.cnbc.com
Gn bussni
