Tag: the Federal Reserve
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Stock market today: Nasdaq, S&P 500 surge as Nvidia leads bounce back from post-CPI sell-off
After a hotter-than-expected inflation reading on Wednesday, markets have quickly moved to price in a higher likelihood that the Federal Reserve will opt for...
Fed to cut rates by 25 basis points on Sept. 18, twice more in 2024: Reuters poll
By Indradip GhoshBENGALURU (Reuters) - The Federal Reserve will lower interest rates by 25 basis points at each of the U.S. central bank's three...
JPMorgan stock slumps as interest income warning rattles market
By Nupur Anand and Pritam BiswasNEW YORK (Reuters) -JPMorgan Chase shares fell more than 5% after the president of the largest U.S. bank tempered...
Here’s the ‘magical’ moment Goldman Sachs sees for tech stocks
To get big tech stocks powering higher again, it will take the convergence of two factors, says Goldman Sachs' veteran tech analyst Kash Rangan.The...
Stocks Hit by Jobs in Worst Week Since March 2023: Markets Wrap
(Bloomberg) -- Stocks saw their worst week since March 2023 and bonds whipsawed as another disappointing US jobs report revived concerns the economy is...