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Express News | US Indexes Are Higher Despite Hotter-than-expected PPI Figures. Investors Also Assess Mixed Bank Earnings
Dow Reaches Record Highs Above 40,000, Small Caps Ride The Rate-Cut Wave, EV Stocks Rally: What's Driving Markets Friday?
It's another memorable day for the stock market, as the blue-chip Dow Jones Industrial Average Index reaches new record highs, surpassing the 40,000-mark milestone and breaking the previous peak set
U.S. Likely to Avoid Recession Over the Next Year - SA Sentiment Survey
Fed's First Rate Cut Will Most Likely Come in September - SA Sentiment Survey
Wells Fargo Calls for an Oversold Bounce Rather Than a Market Rotation
The key indicators of inflation in the United States have slowed down, with the market already pricing in more than two interest rate cuts this year!
The biggest 'surprise' in the June CPI report was that stubborn housing inflation cooled rapidly, falling from 0.40% on a month-on-month basis to 0.17%, boosting market expectations of interest rate cuts. It is certain that interest rate cuts will be implemented in September, and possibly even in July.