What will the dual-listed stocks do tomorrow, and the red flag of Bank of America
According to market estimates, the US employment report removed an October rate hike from the table - but government bond yields continued to climb • The Nasdaq climbed to a new high led by chip…
Assessment
The dual-listed stocks on Tel Aviv and Wall Street face a week where the US jobs report removed an October rate hike from the table, yet bond yields keep climbing. The Nasdaq hit a new record led by chip stocks, but analysts see erosion beneath the surface. The Fed's September minutes are the week's focus. Bank of America's indicator is nearing a sell signal, which could shift sentiment quickly. Watch how dual-listed shares react if the sell signal triggers.