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Hi, mooers!
On March 20, the Federal Reserve stuck to its current interest rates, triggering a surge that sent US stocks and gold to new heights. Their dot plot still shows three rate cuts this year, and Powell hinted that a reduction in the Fed's balance sheet could be coming soon. Find out more>>
What's more, the chance of a rate cut in June, according to federal funds rate futures, has jumped to about 70% from 50% earlier in the we...
On March 20, the Federal Reserve stuck to its current interest rates, triggering a surge that sent US stocks and gold to new heights. Their dot plot still shows three rate cuts this year, and Powell hinted that a reduction in the Fed's balance sheet could be coming soon. Find out more>>
What's more, the chance of a rate cut in June, according to federal funds rate futures, has jumped to about 70% from 50% earlier in the we...
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Morning Movers
Gapping up
$Deutsche Bank(DB.US$ shares rose 3% after Morgan Stanley upgraded the stock to overweight, suggesting further potential growth following a strong performance in 2024.
$Merck & Co(MRK.US$ stock rose 4.8% after its drug for treating a rare lung disease received FDA approval.
$Trump Media & Technology(DJT.US$ stock jumped 14%, following gains after its Nasdaq debut.
$Robinhood(HOOD.US$ stock climbed 6...
Gapping up
$Deutsche Bank(DB.US$ shares rose 3% after Morgan Stanley upgraded the stock to overweight, suggesting further potential growth following a strong performance in 2024.
$Merck & Co(MRK.US$ stock rose 4.8% after its drug for treating a rare lung disease received FDA approval.
$Trump Media & Technology(DJT.US$ stock jumped 14%, following gains after its Nasdaq debut.
$Robinhood(HOOD.US$ stock climbed 6...
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