Farah Elbahrawy

The US stock rally is set to broaden out beyond technology, according to Citigroup Inc. strategists whose outlook on the sector has turned more cautious.

European equities rose as trading resumed following a holiday, with gains led by miners and energy stocks. Investors were focused on the path of interest rates after US manufacturing data on Monday.

The UAE’s exchanges approach $1 trillion in value as Abu Dhabi’s index almost triples since April 2020.

The UAE's exchanges approach $1 trillion in value as Abu Dhabi's index almost triples since April 2020.

(Bloomberg) -- Investors are still flocking to cash funds, and Bank of America Corp. strategists say history suggests redemptions won't begin until a year after the Federal Reserve starts cutting interest rates.

(Bloomberg) -- Investors are still flocking to cash funds, and Bank of America Corp. strategists say history suggests redemptions won't begin until a year after the Federal Reserve starts cutting interest rates.

Negative market turn could be fast and large: Citi strategist Geopolitics, path of interest rates weighing on shares

(Bloomberg) -- European stocks slumped by the most in more than nine months on concerns that the conflict in the Middle East may escalate, with investors also worrying about interest rates remaining higher for longer.

Investors are pulling money out of equities as a strong US economy and sticky inflation fuel concerns that the Federal Reserve will keep interest rates higher for longer, according to Bank of America Corp. strategists.