Stocks and Bonds Rally as Traders Bet That Fed Hikes Are Done

📆 11/14/2023 4:01 PM
📰 BNNBloomberg

⏱ Reading Time:
24 sec. here
35 min. at publisher
📊 Quality Score:
News: 128%
Publisher: 50%

Finance News

Stocks,Bonds,Rally

Stocks and bonds rally as traders speculate that the Federal Reserve will not raise interest rates. The TSX index increases by 1.6% due to strength in finance and base metals. The S&P 500 rises by 2% as investors believe the 'Fed is done' and U.S. yields decline. The PGA Tour announces plans to offer equity ownership to players. The SEC celebrates $5 billion in penalties after a year of cracking down on cryptocurrency. Low-cost airline Flybondi plans to expand into Brazil after a SPAC deal. A U.S. court ruling revives the fight over solar panel tariff waivers. Oil prices continue to rise on positive fuel consumption signals. Crypto exchange Blockchain.com raises $110 million at a lower valuation. Ottawa extends the deadline for an underused housing tax. Surveys show that women are less likely than men to request a raise or negotiate salary. Many Canadians are facing financial difficulties and stress. Canadian tech workers earn 46% less than their U.S. counterparts.

Stocks and Bonds Rally as Traders Bet That Fed Hikes Are Done. TSX recap: Index up 1.6% on strength in finance, base metals. Markets today: S&P 500 up 2% as bets 'Fed is done' sink U.S. yields. PGA Tour Says It Will Offer Equity Ownership to Players. SEC Touts $5 Billion in Penalties After Year of Crypto Dragnet. Low-Cost Airline Flybondi Eyes Brazil Expansion After SPAC Deal. US Court Ruling Revives Fight Over Solar Panel Tariff Waiver.

Oil Extends Relief Rally on Positive Fuel Consumption Signals. Crypto Exchange Blockchain.com Raises $110 Million at a Fraction of Prior Valuation. Ottawa extends deadline for Underused Housing Tax. Women less likely than men to request a raise, negotiate salary: surveys. Many Canadians 'uncomfortably close to broke': MNP. Many Canadians stuck in 'chaotic whirlwind of personal finance stress': Edward Jones. Canadian tech workers make 46% less than U.S

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:

Write Comment

United States United States Latest News, United States United States Headlines

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

Bitcoin Plunges in Deeper Correction as Stocks Surge on Fed Rate Hike SpeculationThe deeper correction that analysts had been warning about hit the crypto market on Tuesday as Bitcoin (BTC) underwent a selloff that briefly erased all of its gains over the past week before dip buyers arrived to push it back above support at $35,500.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Midday Markets: Energy and Tech Stocks Lift TSX, U.S. Markets MixedCanada's main stock index was up in late-morning trading as strength in energy and technology stocks helped lead the way higher. Meanwhile, U.S. stock markets showed a mixed performance. The Dow Jones was up, while the S&P 500 and Nasdaq composite were down. Crude oil and natural gas prices also saw gains, while gold and copper prices increased as well. In other news, rental prices in Canada reached a new high last month, with a 9.9% year-over-year increase.
Source: nationalpost - 🏆 10. / 80 Read more »

Asia Stocks Set to Gain as CPI Data, Fedspeak Loom: Markets WrapSummary of the latest news in the financial markets, including Asia stocks, failed trade talks, TSX index gain, FTX employee bonus demand, oil output projections, yen surge, emerging-market stocks, hedge fund activities, housing tax deadline extension, salary negotiation gender gap, and Canadian financial stress.
Source: BNNBloomberg - 🏆 83. / 50 Read more »