Despite gains from regional banks and vaccine makers, Tesla and Nvidia were behind some of the largest losses.
US jobs data is due Friday following Fed minutes suggesting higher rates for longer.
Ark funds are buying again after three months of divesting EV firm's stock.
Overbought conditions and high sentiment may lead to reversal of Q4 rally.
Bulls have been piling in but earnings season will be crucial.
Forecast has echoes of CIO's thoughts going into 2023.
China data and oil among key issues making traders cautious.
Meanwhile, pessimism is unusually low according to investor poll.
There are some significant hurdles facing the assets early in 2024.
BofA execs discuss market timing and the outlook for US growth next year at a roundtable.
Likelihood of a soft landing for the US economy sparked a market frenzy.
The firm's rally continues seemingly unabated.
Markets expect a hold, but this week's CPI data adds complication.
The bank’s bearish strategist sees a weakened stock market if bonds rally endures into the new year.
Scott Rubner says that investors should add portfolio hedges.
Strategist Michael Wilson sees volatility during December.
But not all of the bank's strategists are optimistic about next year's big stories.
Weak China data has added to growing pessimism.
Markets are becoming more convinced the Fed will cut rates in 2024.
Fixed income will be a strong asset class in 2024 amid economic challenges and overvalued equities.