U.S. stocks bounce back with brewing optimism over CPI - BNN Bloomberg

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 50%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Stocks rose on bets the upcoming consumer price index will show further softening, which could help build the case for the Federal Reserve to slow its pace of rate hikes — even as some officials say it’s too early to declare victory over inflation.

With Jerome Powell’s silence on the outlook for monetary policy at an event earlier Tuesday, the equity market struggled to find direction. The choppiness gave way to a rebound in afternoon New York trading, with the S&P 500 coming back above its key 3,900 mark. Treasury two-year US yields pared their advance while the dollar was little changed.

“You’ve got the Fed that’s continuing to try to rain on everybody’s parade, talking about how interest rates need to go higher,” said Brian Nick, chief investment strategist at Nuveen. “So that’s the one fly in the ointment — the Fed is still out there trying to slow things down, and the markets are taking every bit of good news and running with it.”

“What the Fed is communicating has been the subject of extensive and exhaustive debate for much of the last year and they’re in a little bit of a tough spot,” said Olga Bitel, global strategist at William Blair.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 83. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Oil steady as market awaits clarity on Federal Reserve’s rate hike plansBrent futures for March were up 15 cents to $79.80 a barrel by 1036 GMT, while U.S. West Texas Intermediate crude rose 32 cents to $74.95
출처: globeandmail - 🏆 5. / 92 더 많은 것을 읽으십시오 »