10 things before the opening bell

10 things before the opening bell

The market has been battered all year — . Let's break it down. The recent rout in stocks signals an investor exodus is underway, Bank of America strategists wrote in a Thursday note. To the analysts, the collapse in speculative tech stocks and crypto but that doesn't mean capitulation has arrived. "Fear & loathing suggest stocks prone to imminent rally but we do not think ultimate lows have been reached, ," the bank wrote. by returning a big chunk of their , the bank said in a separate note. "Corporate debt levels are the lowest in decades, leaving ample room to calm nervous shareholders," Bank of America analysts said. But before that happens, the bank said, stocks aren't going to find a bottom until the market sees , as traders weighed up data that showed the . Meanwhile, wheat prices rose by almost 6% after India imposed a ban on exports. Planet Green Holdings, Kingsoft Cloud, and Creative Realities, Plus, keep an eye out for John Williams, the president of the Bank of New York, who is due to make a speech at 8am ET. Analysts are split on what's next for stocks, as 2022 has seen indexes tumble. The