Markets were down overnight but rebounded on Trump's nomination of Kevin Warsh as Fed chair. The Producer Price Index puts inflation data in focus, landing above expectations.
Markets were down overnight but rebounded on Trump's nomination of Kevin Warsh as Fed chair. The Producer Price Index puts inflation data in focus, landing above expectations.
Crude Oil continued its surge on Thursday reaching 4-month highs off escalating Middle East tensions and the threat of supply disruption due to a potential U.S. attack on Iran.
Info tech earnings continue with Nvidia and Alphabet on deck. Surging memory stocks, beleaguered software industry in focus as investors probe for signs of an AI inflection point.
The markets paused along with the Fed yesterday but focus today is on earnings released late Wednesday by three mega-caps. Apple reports later. Meta and Tesla rose after results.
Headlines are meant to grab attention, not to provide investing advice. So how can you separate urgency from noise in order to make strategic decisions for your portfolio?
The federal funds rate will remain 3.5% to 3.75%. While the market still expects two rate cuts late this year, the Fed is likely to tread cautiously given the economic backdrop.
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