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FOMC Preview: No Rate Cut but Powell Might Provide Clearer Easing Schedule
The Fed is expected to raise inflation and neutral rate outlook due to higher CPI this year but likely revise down GDP growth. Economists also expect the median participant to reduce the scope of cuts from 75 bps to 50 bps.
Market Pulls Back Slightly, FOMC Decision in Sight | Market Story
Indexes were lower on Monday while the market gears up for a macroeconomic-packed week. The FOMC will release its June rate decision on Wednesday.
Nvidia Splits, Apple Tech Week, FOMC on the Horizon | Herd on Wall Street
Morning mooers! Happy Monday, June 10th. The market is open and cautiously lower after Friday's '21 inspired meme stock surge investors eyes are back to more current memes; watching the Nvidia stock split, Apple tech event, and an upcoming FOMC rate decision this Wednesday.
CrowdStrike, KKR and GoDaddy Rise on Word They'll Soon Join S&P 500
By Claudia Assis Index's rebalancing sees Robert Half, Comerica and Illumina dropped from the large-cap benchmark Cybersecurity company CrowdStrike Holdings Inc., private-equity giant KKR & Co. Inc.
Express News | GoDaddy Shares up 1.6% After Co Set to Join S&P 500 Index
Express News | KKR & Co Shares Jump 8.2% After Co Set to Join S&P 500 Index