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60% of S&P 500 Stocks Carry Buy Ratings as US, Iran Halt Strikes
Key takeaways
- Photo by Be In Crypto Nearly 60% of S&P 500 stocks now carry a Buy rating from Wall Street analysts, the highest level on record, after the United States and Iran agreed to halt strikes and ease geopolitical tensions.
- The mix of record analyst optimism and cooling Middle East risk has reinforced bullish sentiment across US equities and other risk assets, including crypto.
- Nearly 60% of S&P 500 stocks carry a Buy rating, the highest on record, strategist Charlie Bilello says.
Photo by Be In Crypto Nearly 60% of S&P 500 stocks now carry a Buy rating from Wall Street analysts, the highest level on record, after the United States and Iran agreed to halt strikes and ease geopolitical tensions.
The mix of record analyst optimism and cooling Middle East risk has reinforced bullish sentiment across US equities and other risk assets, including crypto.
Nearly 60% of S&P 500 stocks carry a Buy rating, the highest on record, strategist Charlie Bilello says. FactSet data put Buy ratings at 59.4% of analyst calls in June.
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