Wall Street will weigh the interest rate outlook at a moment when the bulls have taken charge of the market, with a risk-on enthusiasm starting to draw parallels to 2021. For example, in February,...
Technical corrections almost always happen during the second year of bull markets, but that’s normal and healthy. You should still focus on buying large tech names.
In the closing week of February, traders are poised to sustain the momentum of the AI-driven surge in the market, despite looming economic apprehensions and the imminent release of the Fed’s favoured...
Where markets go next may well depend on how Nvidia does after going forward. The S&P 500 rallied to a fresh record Thursday after Nvidia, which has helped lift the broader markets for the better...
The Fed meeting minutes are also set to come out this Wednesday, an event that’s likely to take on greater significance after this week’s January consumer price and producer price reports showed the...
The January US consumer price index (CPI) report, which was released recently, has sparked significant concern among investors, primarily due to the core inflation reading. This data, which excludes...
Traders will keep a close eye on the release of the consumer price index this week, a pivotal measure of inflation. Additionally, significant economic indicators are anticipated later in the week,...
The beginning of 2024 has witnessed a remarkable surge in equities, propelled by robust earnings reports and encouraging economic data. The S&P 500 index, a key benchmark for the U.S. stock market,...
The recent surge in stock markets faced a temporary setback as Federal Reserve Chair Jerome Powell dismissed the notion of a rate cut in March. In a subsequent interview on "60 Minutes," Powell shed...