Stocks and Bonds Rally as Traders Bet That Fed Hikes Are Done

📆 11/14/2023 10:01 PM
📰 BNNBloomberg

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Stocks and bonds rally as traders speculate that the Federal Reserve will not raise interest rates. The TSX index increases by 1.6% due to strength in finance and base metals. The S&P 500 rises by 2% as investors believe the 'Fed is done' and U.S. yields decline. The PGA Tour announces plans to offer equity ownership to players. The SEC celebrates $5 billion in penalties after a year of cracking down on cryptocurrency. Low-cost airline Flybondi plans to expand into Brazil after a SPAC deal. A U.S. court ruling revives the fight over solar panel tariff waivers. Oil prices continue to rise on positive fuel consumption signals. Crypto exchange Blockchain.com raises $110 million at a lower valuation. Ottawa extends the deadline for an underused housing tax. Surveys show that women are less likely than men to request a raise or negotiate salary. Many Canadians are facing financial difficulties and stress. Canadian tech workers earn 46% less than their U.S. counterparts.

Stocks and Bonds Rally as Traders Bet That Fed Hikes Are Done. TSX recap: Index up 1.6% on strength in finance, base metals. Markets today: S&P 500 up 2% as bets 'Fed is done' sink U.S. yields. PGA Tour Says It Will Offer Equity Ownership to Players. SEC Touts $5 Billion in Penalties After Year of Crypto Dragnet. Low-Cost Airline Flybondi Eyes Brazil Expansion After SPAC Deal. US Court Ruling Revives Fight Over Solar Panel Tariff Waiver.

Oil Extends Relief Rally on Positive Fuel Consumption Signals. Crypto Exchange Blockchain.com Raises $110 Million at a Fraction of Prior Valuation. Ottawa extends deadline for Underused Housing Tax. Women less likely than men to request a raise, negotiate salary: surveys. Many Canadians 'uncomfortably close to broke': MNP. Many Canadians stuck in 'chaotic whirlwind of personal finance stress': Edward Jones. Canadian tech workers make 46% less than U.S

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