Markets today: U.S. stocks rebound after data with eyes on Powell

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Business News News

Business Business Latest News,Business Business Headlines

The 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.

Markets today: U.S. stocks rebound after data with eyes on PowellPimco Boosts Bond Bets That Fed Will Cut Less Than Global PeersECB’s De Cos Says First Rate Cut in June Is His Central ScenarioTsunami Warning Issued After Quake Shakes Buildings in TaipeiChile Tempers Monetary Easing With Interest Rate Cut of 75 Basis PointsTrudeau Pledges Billions More for Apartment Construction LoansCenterbridge Joint Venture Eyes $1.25 Billion in Marina DealsFed Risks 70’s Mistake If It Cuts Rates Too Soon, T.

data dueIndia Coal Miner Plans $720 Million Sale of Renewables UnitMilei Races Against Time to Ease Pain Unleashed by Shock TherapyZimbabwe Declares Drought a Disaster, Joining Malawi and ZambiaCanada likely to avoid recession, begin recovering in second half of 2024: DeloitteLabour force participation higher among immigrants: economist'Great start': here's what economists think of Canada's latest economic dataCanada economy on track to beat first-quarter forecastsAlberta...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Markets today: Stocks churn before Fed with Powell as 'wild card'Wall Street traders refrained from making any big bets ahead of the U.S. Federal Reserve decision as they braced for whether Jerome Powell will throw cold water on rate-cut hopes.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: Tech lifts stocks with jobs and Powell in focusWall Street traders breathed a sigh of relief, with Jerome Powell once again signaling he expects the Federal Reserve to cut rates this year — even as a strong economy keeps officials on hold for now.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Stock market today: S&P 500 poised for new record with Powell back in spotlightInvestors are looking for further clues on the path of interest rates in Jerome Powell's second day of testimony.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »