ADVFN US – Market Content Editor

JPMorgan said elevated equity positioning and leverage have returned to parts of the market, potentially creating a headwind for stocks during the fourth quarter. The bank said the current levels of positioning and leverage remain below those recorded earlier in the summer but have increased following a period of deleveraging. “Elevated equity positioning and leverage…

Morgan Stanley expects the gap between the S&P 500’s performance and weaker market breadth to narrow over the next month, with the direction of bond market volatility likely to influence how the adjustment develops. The bank said it expects the index and broader market participation to move towards each other if bond volatility remains elevated.…

Citi said the capability gap between proprietary frontier artificial intelligence models and open-weight alternatives has begun widening following an earlier period of convergence. According to the firm, the highest AA Intelligence Index score among proprietary models increased to 58 from 53, while the highest score for open models rose to 46 from 44. That expanded…

Bank of America has raised its long-term copper price forecast by 20% to $12,000 per ton, equivalent to $5.44 per pound in 2026 dollars, according to a commodities strategy update from the bank. The strategists attributed the revised forecast primarily to continuing supply constraints, which they said have contributed to copper’s recent price performance. The…

US employment growth slowed sharply in September, adding just 29,000 jobs as the unemployment rate rose to 4.2%. Read the full Labor Department breakdown. The Labor Department released a closely watched report on Friday showing employment in the U.S. increased by much less than expected in the month of September. The report said non-farm payroll…