Tag: labor market
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How stocks can roar by 10% into year-end, Citi US equity-trading head says
The stock market could jump as much as 10% by the year-end, Citi's stock-trading strategy head said.Stuart Kaiser told Bloomberg TV that the uber-bull...
US consumer confidence ebbs in September on labor market fears
WASHINGTON (Reuters) - U.S. consumer confidence unexpectedly fell in September amid mounting worries over the health of the labor market.The Conference Board said on...
The Fed just convinced markets it’s not behind the curve
The Federal Reserve's half-percentage-point interest rate cut could have shaken markets had it exacerbated investor fears that the central bank was preparing for an...
Analysis-After jumbo Fed rate cut, market hopes ride on US soft landing
By Lewis Krauskopf and Davide BarbusciaNEW YORK (Reuters) - One of the most consequential Federal Reserve meetings in recent history has put investors’ focus...
The stock market dipped after a historic Fed rate cut. Here’s what the experts think
The Federal Reserve gave investors exactly what they said they wanted on Wednesday, slashing interest rates by an outsized 50 basis points—but it still...