Stellantis reported a net profit of 377 million euros in the first quarter, compared to a loss of 387 million euros in the same period last year. Adjusted operating profit for the first quarter was 960 million euros, up from 327 million euros in the same period last year.
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U.S. equity funds attracted $39 billion in inflows in a single week, pushing the annualized scale toward a historic high, while U.S. Treasuries also saw capital inflows for 16 consecutive weeks. However, Bank of America strategist Hartnett warns that due to rising real yields, the performance of AI and banking stocks, and the volatility of the midterm elections, there is still a preference for risk aversion in the coming weeks.
