Bank of America Aktie News

Ennis: Dividend Growth, And Mentioned By Bank of America

Markets were scared to wake up to the Federal Reserve (the Fed) pulling the rug. After pricing in the proposed interest rate cuts for 2024, which were set to be implemented by March, then May, and now September, according to the CME's FedWatch tool, markets retraced on the thought of no more cuts coming this year.

Global stock indices continued an upward trend in March, with both U.S. and non-U.S. stocks rising by 3%.

Shareholders at annual meetings on Wednesday rejected separate proposals at Goldman Sachs Group Inc. and Bank of America Corp. to separate the roles of chair and chief executive at the banks.

At Goldman's annual shareholder meeting, the proposal by the conservative-leaning National Legal and Policy Center garnered 33% of shareholder votes, according to a preliminary tally, compared with 16% last year.

Bank of America shareholders rejected a proposal to divide the CEO and chairman roles held by Brian Moynihan on Wednesday at the company's virtual annual meeting.

The stock market's strong performance in 2024 has made many investment options too expensive for some traders. However, with the recent pullback, an opportunity has emerged to invest in excellent value picks with $100.

Dips in the broader market have historically served as a buying opportunity for long-term-minded investors. A majority of online brokers have shelved commission fees and minimum deposit requirements in recent years.