✉news BusinessMarkets first seen 8 h ago, last 2 h ago, peak #7
Barclays says lower oil prices are key to a year-end stock rally
Original: One group of funds is holding up the stock market. Barclays says oil prices have to fall to drive a year-end rally.
Barclays strategists argue that only a small group of funds is currently propping up the stock market, and that oil prices need to fall for a broader year-end rally to take hold. The bank's view is drawing attention as investors weigh whether equities can extend gains into the final weeks of the year without cheaper energy easing inflation pressures.
Why now: Investors are watching whether falling oil prices could unlock a year-end equity rally.
Barclaysstock marketoil prices
Rank over time, top of the chart is #1. 6 snapshots from 8 h ago to 2 h ago.
Evidence
- One group of funds is holding up the stock market. Barclays says oil prices have to fall to drive a year-end rally. · MarketWatch
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