Stocks stage first big rally of 2023 as hopes of easing inflation grow, Dow up 600

heading into earnings because each bank could surprise to the upside on revenue and expenses, Graseck wrote.Tesla shares reached their lowest level in about two years Friday after the electric car maker cut its Model 3 and Model Y vehicles. The stock traded 5.6% lower, dragging down the Nasdaq Composite.Jobs report boosted expectations for soft landing, but recession clock is ticking, Shah says

Still, investors may not want to cheer the news too much as it likely won't change the Fed's actions in the coming months. Some economists expect the Fed will raise rates by a half percentage point, while traders in the futures market have been betting on a quarter point hike.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

JPMorgan's top picks for 2023, including two stocks coming off their worst performances in decadesThese are names the firm says are worth looking at despite the rocky year expected.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Casino stocks in 2023: It could come down to this region, analysts sayMacau's reopening could be the biggest driver of Wall Street's optimism on the sector's overall profits, analysts said on Wednesday.
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

10 tech stocks to buy in 2023 as the sector rebounds: WedbushBuy these 10 top tech stocks before the sector rises 20% this year by cutting costs and crushing low expectations, according to Wedbush Paid PR Click bait
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »