Investors buying Big Tech stocks and Treasuries ahead of a potential Fed rate cut

  • 📰 CNBC
  • ⏱ Reading Time:
  • 31 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 72%

Worldwide Exchange News

Markets,Breaking News: Markets,Meta Platforms Inc

Frank Holland breaks down what investors are watching as the trader week begins.

Worldwide Exchange Word of the Day: Fed Mimi Duff from GenTrust said the Federal Reserve decision on Wednesday will dominate the market action this week. But Duff said she is more focused on the Jerome Powell news conference and the tone of that than the actual decision to cut by a quarter or half point. "You could make a totally neat case for either one," she said. "The summary of economic projections and the press conference I think will matter a lot more.

mountain Alphabet, year-to-date But McKnight says it all comes down to two factors: The are "cash cows" and have "the ability to deliver on earnings." The case for US Treasurys Both McKnight and Duff see opportunities in bonds and say they look as attractive, and in some cases, more attractive than the equity market. The short of the curve looks more attractive to McKnight who sees yields on that end declining more rapidly during the Fed rate cutting cycle.

mountain Intel, 1 day Intel continues to be a laggard in the chip space with shares down 60% year to date.

 

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:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Asia-Pacific markets set for lower open as investors assess Nvidia results, monitor Asia tech stocksInvestors in Asia will look to stocks in the region that are related to or on Nvidia’s value chain, such as chipmakers and tech stocks.
Source: nbcchicago - 🏆 545. / 51 Read more »