Wall Street Enters November With Historically Strong Setup

Global equity markets are positioned for a strong November as the Bank of America outlines a bullish scenario built on easing inflation, cooling yields and resilient consumer spending. The U.S. S&P 500 extended its winning streak for six consecutive months, while tech, small-caps and consumer discretionary sectors are expected to lead. Despite favourable seasonality and momentum, strategists caution that credit stress or job-market weakness could upset the optimism.