US futures tick higher amid hopes of end to Fed hikes: Stock market news today

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Dovish comments from Fed policymakers are spurring optimism that the tightening campaign could be over.

Wall Street stock futures nudged higher on Tuesday amid growing hopes the Federal Reserve is done with interest-rate hikes for now, but with investors still cautious as the Middle East conflict escalated.in credit conditions the central bank is looking for. That could give policymakers a reason to call an end to raising rates in this cycle, some analysts believe.Easing some pressure on stocks, yields on Treasuries dropped as trading reopened on Tuesday after closing for a holiday.

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'The whole banking sector is uninvestable': Steve Eisman of 'Big Short' fame warns about mounting challenges for financial institutions. Here's what he's betting on instead -- Executives at one of China’s largest copper trading houses have lost contact with the company’s founder and believe that he has been detained by police for questioning, according to people familiar with the matter.

'Everyone is locked in 3% mortgages except millennials': Bank of America data shows this generation is feeling the brunt of elevated interest rates — here's how to limit your financial painOTTAWA — Deciding between a fixed- or variable-rate mortgage has always been a challenging choice for borrowers looking to buy a home or renew a loan, but with interest rates sitting at levels not seen in decades, the stakes are especially high.

Renewable stocks are plummeting as investors bet going green will take longer and cost more in a "higher-for-longer" interest rate environment. -- Australia’s competition watchdog has conditionally approved private equity firm Brookfield’s A$18.7 billion takeover of the nation’s largest energy producer, Origin Energy Ltd.

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U.S. stocks rise on dovish Fed remarks, China stimulus - BNN Bloomberg​European shares rallied after dovish comments by Federal Reserve officials and the prospect of more economic stimulus by China brought some risk appetite back to markets as investors continue to evaluate the potential impact of the Israel-Hamas conflict.
Source: BNNBloomberg - 🏆 83. / 50 Read more »