European stocks head for positive open despite Fed comments rattling global markets

  • 📰 NBCPhiladelphia
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

European stocks are expected to open in positive territory despite global markets being rattled by comments from the head of the U.S. Federal Reserve.

European stocks are expected to open in positive territory Wednesday, despite global markets being rattled by comments from the head of the U.S. Federal Reserve.before it's likely to begin cutting rates. He said there had been"a lack of further progress so far this year on returning to our 2% inflation goal.

Investment bank Jefferies is forecasting a nearly 100% increase in the share price of a cybersecurity company from current levels. The stock appears to have momentum as shares have risen by 75% over the past year and more than doubled since hitting an all-time low in early 2023.Investing in an increasingly volatile market — amid geopolitical risks, rising bond yields and macroeconomic uncertainty — is no mean feat.""The market has been pricing out Fed rate cut expectations from March onward. 'No landing' and 'sticky inflation' narratives are on the rise again.

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:

 /  🏆 569. in NG
 

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

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines