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Market Climbs At Low Volume Before Holiday Weekend | Herd on Wll Street
Monring mooers! It is Friday, May 24th, the eve of Memorial Day weekend here in the U.S. The tech sector is in the green, the market is climbing. My name is Kevin Travers, I am writing from the beach today: here are stories moving the market today.
Friday Morning, Market Gains After Pulling Back | Market Stroy
As a general recap, the market was overall advancing Friday. Shortly after 10 AM EST, the $S&P 500 Index traded +0.36%, the $Dow Jones Industrial Average climbed fell about 0.12%, and the $Nasdaq Comp
How can the Federal Reserve reduce inflation? This major bank made a suggestion: cut interest rates!
Rick Rieder, BlackRock's chief investment officer for global fixed income and head of the global allocation team, said, “Currently, it is unclear to me whether higher (interest rates) will help reduce inflation or actually boost inflation.”
Traders See First Fed Cut Later
Treasury yields surged as data showing strength in US business activity and a tight labor market sparked traders to push back the timing for Federal Reserve interest-rate cuts until the end of this year. Bloomberg's Scarlet Fu discusses yields and the Fed with Baylor Lancaster-Samuel, Amerant Investments CIO.
US Stocks Are in a Long-Term Bull Market, Yardeni Says
Ed Yardeni, president and chief investment strategist at Yardeni Research, says the US economy is "remarkably resilient" and rates are at "normal" levels on Bloomberg Television.
In One Chart | 'Mag 7' Earnings Unveiled - Who's the Ultimate Profit Powerhouse?
With the current earnings season wrapping up, the seven major tech companies have released their first-quarter results.
RDK79 : Enjoy the beach and the long-weekend ! Happy Memorial Day!!
RDK79 : Not a fan of headlines implying 3-4% inflation is ‘high’… But seems to be the desired ‘fear’ technique, to grab headlines and keep chaos churning.