Citadel's Griffin unsure stock market rally can continue

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

NEW YORK/BANGALORE (Reuters) - Billionaire investor Ken Griffin, founder of U.S. hedge fund Citadel, said on Thursday that he has some doubts about the ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOSNEW YORK/BANGALORE - Billionaire investor Ken Griffin, founder of U.S. hedge fund Citadel, said on Thursday that he has some doubts about the continuity of the markets rally and is concerned about the about the U.S. fiscal situation.

The S&P 500 stock index is up 16.8% this year, in a rally mainly driven by optimism around artificial intelligence. Still, he said it is unclear when Fed chair Jerome Powell will be able to cut rates because of some ongoing stimulus measures.

 

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

 /  🏆 45. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

Billionaire investor Ken Griffin unsure U.S. stock market rally can continueFounder of hedge fund Citadel is concerned about the fiscal situation
Source: globebusiness - 🏆 31. / 66 Read more »