Stocks inch higher, adding to early January gains

  • 📰 CNBC
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Stocks rise Tuesday as traders mull prospects of higher rates

Stocks rose on Tuesday, continuing a solid start to 2023, as investors bet inflation is trending lower and grew increasingly interested in beaten-down technology stocks like Tesla.

Atlanta Fed President Raphael Bostic said Monday that interest rates should rise above 5% and stay there for a "long time." Meanwhile, San Francisco Fed President Mary Daly said the central bank should continue raising rates, albeit at a slower pace. Treasury yields rose slightly on Tuesday. "You've probably got something just under a trillion dollars of excess demand in U.S. stocks," Jones said Tuesday on CNBC's"Where is the selling going to come to offset that that demands coming from buybacks, from the corporate line items, from some combination of buybacks and M&A? That's a significant amount. Ceteris paribus, everything being the same, the stock market would be up 7% or 8% this year.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 12. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Jim Cramer warns investors not to ‘gamble’ on tech stocks despite recent gains'These short-term sector rotations like we saw today – they're irrelevant because they can't last,' he said. Lol screw you dud All in Thanks, doubled my long QQQ calls straight away. 🚀
Fonte: CNBC - 🏆 12. / 72 Leggi di più »

Investors hope Fed will ease policy, rate hikes; stocks end mixedInvestors hope the Federal Reserve and its policies may ease up on the economy-shaking hikes to interest rates as inflation shows signs of cooling.
Fonte: 10News - 🏆 732. / 50 Leggi di più »

To help survive a rocky 2023, these three value investors are favoring these six stocksOPINION: The Fed will overdo it in its inflation fight, creating a recession that will lead to a 20% decline in the S&P 500 from this already low level, sending the benchmark index down to 3,000 to 3,200 points. You should stop with these wild predictions. You sound like Chicken Little, “The sky is falling! The sky is falling!” Per the original definition of a recession we are already in one. What you are saying is they will put us into a depression! I think they already did.
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »