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Fbalx stock price ongoing optimism in the AI sector has
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Ongoing optimism in the AI sector has been a tailwind for the "fbalx stock price", which saw a 2-week gain of 3.1%. Should sector-wide earnings meet or exceed expectations, momentum could accelerate toward historical highs. The jobs market report for the month of March also suggests a strong labor market. Nonfarm payroll employment rose by 303,000, against the street expectation of 195,000. The unemployment rate has changed marginally by 3.8% month over month, and the average hourly wage rate has increased 0.3%, in line with expectations. Of course, investors look for strong performance in funds. This fund in particular has delivered a 5-year annualized total return of 7.18%, and it sits in the top third among its category peers. Investors who prefer analyzing shorter time frames should look at its 3-year annualized total return of 5.82%, which places it in the top third during this time-frame. Recent market data shows "fbalx stock price" holding firm after a brief dip earlier in the week, suggesting healthy buying demand. With Nasdaq-heavy exposure, the fund could benefit from upcoming semiconductor earnings releases, potentially catalyzing further upside.