Markets today: U.S. stocks and bonds climb as Powell downplays hikesBitcoin Miner Riot Eyes Selling Power in Texas as Summer NearsCruise Line Viking’s Shares Rise 12% After $1.
5 Billion US IPOCiti Banker Exits After Firm Probed Treatment of Junior StafferSix-Way Bidding War Will Decide Who Is Mexico’s Nearshoring KingBanks Rent Rivals’ Balance Sheets to Skirt Capital RulesFTC Set to Rule on $60 Billion Exxon-Pioneer Deal in Coming DaysUS and Saudis Near Defense Pact Aimed at Reshaping Middle EastRail Workers in Canada Vote to Strike, Threatening Supply ChainsPot Banking, Stablecoin Bills Hit Hurdles With Speaker JohnsonOPEC Oil Production Stays Steady, Leaving New...
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Markets today: stocks, bonds gain on Powell rate-cut reassuranceStocks rose and Treasury yields pulled away from four-month highs after Federal Reserve chief Jerome Powell reaffirmed the central bank is on track to cut interest rate cuts this year.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Markets today: U.S. stocks rise as Powell sticks to wait-and-see toneStocks rebounded after a two-day drop, with Jerome Powell reiterating the Federal Reserve’s wait-and-see approach before policymakers decide to embark on interest-rate cuts.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Markets today: U.S. stocks rebound after data with eyes on PowellThe stock market rebounded as the latest set of economic data did little to alter bets the Federal Reserve will deliver rate cuts this year, following recent concern that the central bank would delay policy easing.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Asian Stocks to Rise as Powell Reaffirms Rate Cuts: Markets Wrap(Bloomberg) -- Equities in Asia were primed for gains Thursday after Jerome Powell reaffirmed his view the Federal Reserve will likely cut rates this...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Asian Stocks to Rise as Powell Reaffirms Rate Cuts: Markets WrapEquities in Asia were primed for gains Thursday after Jerome Powell reaffirmed his view the Federal Reserve will likely cut rates this year.
Source: BNNBloomberg - 🏆 83. / 50 Read more »