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The $S&P 500 Index (.SPX.US)$ soared 1.7% to new highs on Thursday, closing just over 5,700 a day after the Federal Reserve announced a jumbo rate cut of 50 basis points. So far this year, the S&P 500 has risen nearly 20%.
There is growing optimism in the market that the Federal Reserve's jumbo interest rate cut will deliver a "soft landing" for the US economy. Indeed, stocks have performed well following rate cuts - as long ...
There is growing optimism in the market that the Federal Reserve's jumbo interest rate cut will deliver a "soft landing" for the US economy. Indeed, stocks have performed well following rate cuts - as long ...
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Columns Everything You Need to Know on Wednesday: Brookfield Seeks Close to €10 Billion Debt for Grifols Bid
Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,389.30, up 0.53% from previous close
● Cooling inflation leaves door to Bank of Canada rate cuts 'wide open'
● Powell confronts policy crossroads with all eyes on Jackson Hole
● Brookfield seeks close to €10 billion debt for Grifols bid
● Couche-Tard will have to raise e...
● S&P/TSX 60 Index Standard Futures are trading at 1,389.30, up 0.53% from previous close
● Cooling inflation leaves door to Bank of Canada rate cuts 'wide open'
● Powell confronts policy crossroads with all eyes on Jackson Hole
● Brookfield seeks close to €10 billion debt for Grifols bid
● Couche-Tard will have to raise e...
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Aman365
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Bitcoin recently regained its momentum and rebounded above $63,000 on Monday after hitting a low of $60,000 at the end of June. Despite facing various challenges such as a complex and ever-changing macro environment, sell-off shocks, and a slowdown in ETF demand, the cryptocurrency market is now experiencing new optimism with the increasing possibility of Republican presidential candidate Trump winning the 2024 preside...
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$Rivian Automotive (RIVN.US)$ saw big money take a $2.68 million short call position on the stock as it surged to a four-month high. The steep climb came after the company said a day earlier that $VOLKSWAGEN A G (VWAGY.US)$ will invest as much as $5 billion in the electric vehicle maker.
The short call position was posted at 9:42:25 a.m. in New York Wednesday. The seller wrote call options giving the holder the right to buy 60...
The short call position was posted at 9:42:25 a.m. in New York Wednesday. The seller wrote call options giving the holder the right to buy 60...
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