LONDON - Global shares struggled to advance on Monday while investors digested news of an unexpected cut in Chinese interest rates as data pointed to faltering growth in the world's second largest economy, sending oil prices nearly 2% lower.The MSCI all country index was barely firmer, a month-long advance having whittled away the benchmark's decline for the year to about 13%.
Hopes of smaller rate hikes on signs that U.S. inflation may be peaking helped Wall Street clock up its fourth straight week of gains by Friday.share average in Tokyo jump to its highest in more than seven months. "I do think it's going to be Fed driven if there is another leg down in markets. Quantitative tightening, I think, will begin in earnest in September and that's going to withdraw liquidity from the market," Armstrong said.
The Fed will publish minutes on Wednesday from its last rate-setting meeting, but investor hopes of them showing the central bank beginning to pivot on rate hikes could be dashed.
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Drugmaker stocks slammed over Zantac lawsuit concernsThousands of Zantac users have filed cases against companies including Sanofi, GlaxoSmithKline, Haleon and Pfizer accusing them of failing to properly warn users of the recalled heartburn drugs' health risks. BREAKING: TRUMP STEALS NUKE SECRETS! DOJ confirms warrant was for classified weapons documents believed to be stashed at Mar-a-Lago. This following Trump meetings with Putin pal Victor Orban and Crown Prince Mohammed Bin Salman. Imagine if consumers could sue pharma for the vax like they can with Zantec? But they cant. Its not legal. Funny how thats never brought up. Stay asleep everyone
स्रोत: FoxBusiness - 🏆 458. / 53 और पढो »
Global stocks rise, U.S. yields fall as inflation slows By Reuters*U.S. STOCKS RALLY TO END THE WEEK, YIELDS PLUNGE AS INFLATION SLOWS - 🇺🇸 🇺🇸 Will this be historyy in the makingg This is going to age poorly Timed the market perfectly - shorted at 3700 thinking there would be another leg down, held until 4232, got rekd
स्रोत: Investingcom - 🏆 450. / 53 और पढो »
These small-cap stocks will lead the market if the rally has legs“Small- and mid-cap stocks tend to outperform in a bull market as investors desire riskier assets, and I believe a new bull market has emerged since the mid-June lows,” columnist mbrushstocks writes. mbrushstocks $BRDS BIRD CO .. NEEDS TO BREAK A BUCK ...
स्रोत: MarketWatch - 🏆 3. / 97 और पढो »