Morgan Stanley analysts said Wednesday they believe that the market is poised for a potential bottoming out of earnings in the first quarter, followed by a sequential recovery in the…
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Investing.com — Fed chief Jerome Powell suggested that interest rates may need to stay higher for longer, but stock futures indicate a positive open on Wall Street. U.K. inflation falls…
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Investing.com– Most Asian stocks moved in a flat-to-low range on Wednesday amid waning expectations for U.S. interest rate cuts, while Chinese markets advanced amid some signs of economic recovery. Regional…
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Stock Market Today: S&P 500 closes lower as Powell signals higher for longer rates
Investing.com — The S&P 500 closed lower Tuesday, and investors had to contend with wild swings after Federal Reserve Jerome Powell signaled the need for rates to remain higher for…
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Powell signals higher for longer rates as inflation data dent confidence on cuts
Investing.com — Federal Reserve chairman Jerome Powell said Tuesday the recent inflation data have not given the Fed greater confidence to begin cutting rates and indicate that rates will likely…
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Despite recent pullbacks, the S&P 500’s performance has remained in the green since the start of 2024, extending its last year’s rally fueled by a resilient US economy, expectations of…
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Bitcoin‘s recent price rally seems to be encountering some headwinds. After a significant climb throughout much of the past year, the world’s leading cryptocurrency has witnessed a pullback in recent…
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After a spectacular surge that propelled Bitcoin to new highs, the past week or so has seen the world’s most famous cryptocurrency post a decline of 11%. Bitcoin prices have…
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Tesla (NASDAQ:TSLA) stock extended its decline on Tuesday, which pushed the company’s market capitalization to below $500 billion. Minutes after New York opened, Tesla shares were down nearly 4% on…
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The year 2024 keeps getting worse for Tesla (NASDAQ:TSLA) stock, with its year-to-date declines now expanding to 35%. The company’s share price took another hit on Monday following the announcement…