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SPDR Dow Jones Industrial Average Trust Newsroom
How do high officials of the Federal Reserve view the significant cooling of inflation in the USA?
Two senior officials from the Federal Reserve spoke on Thursday, stating that inflation is making progress. The president of the St. Louis Reserve stated that the current policy interest rate is appropriate at this stage. The president of the San Francisco Reserve stated that given recent employment and inflation data, the Federal Reserve may need to make interest rate adjustments, but did not provide a specific schedule for rate cuts.
"Xinmei Federal Reserve News Agency" evaluates CPI in June: Mild inflation opens the door for a rate cut in September.
According to Timiraos' article, after the release of CPI, investors have increased the possibility of rate cuts in September, November, and December this year. A major question at this month's Fed meeting is how much basis Fed officials have laid for a rate cut in September. This year's FOMC voter, President of the San Francisco Fed, Daly, expects that it may be reasonable to cut interest rates soon after the announcement of the CPI, but also said that more information needs to be collected.
Yardeni Raises S&P 500 Year-End Target To 5,800, Hints At Faster-Than-Expected Discounting Of 'Roaring 2020s Scenario'
Veteran Wall Street investor Ed Yardeni has adjusted his outlook for the S&P 500, raising the year-end target to 5,800 from 5,400, and maintaining a target of 8,000 by the end of the decade. "The
Nvidia Leads Slide as Investors Rotate Out of Mega Tech
Is Big Pharma Poised To Take Over Cannabis? 3 Companies Already Manage 8 In 10 Drug Prescriptions In The US
The U.S. Federal Trade Commission (FTC) recently highlighted the significant influence of pharmacy benefit managers (PBMs) on drug prices due to market consolidation. This trend raises critical
Tech Stocks Tumble As Small Caps, REITs, Gold Miners Rally; Soft June Inflation Ignites Rate Cut Expectations: What's Driving Markets Thursday?
A lower-than-expected inflation report for June caused wild market reactions, leading to a surge in traders' expectations of Federal Reserve rate cuts and boosting assets that are particularly
Fund Investors Have Added More to Bonds Than to Equities Year-to-date - DataTrek
10 Financials Stocks With Whale Alerts In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity
10 Consumer Discretionary Stocks With Whale Alerts In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity
10 Information Technology Stocks Whale Activity In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity
Check Out What Whales Are Doing With AMGN
Investors with a lot of money to spend have taken a bullish stance on Amgen (NASDAQ:AMGN).And retail traders should know.We noticed this today when the trades showed up on publicly available options
Yardeni Lifts 2024 S&P Target to 5,800, Sees 'Roaring 2020s' View Enhanced by Rate Cuts
Delta Signals Trouble Despite Healthy Travel Demand And Record Traffic
Delta Airlines Inc (NYSE:DAL) reported record revenue with air travel demand being at record highs, but profits couldn't keep up the pace due to discounted airfares, falling 30%. Delta CEO CEO Ed
Big Banks Q2 Earnings Expected to Show Rebounding IB, Soft Loan Growth
Amgen Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/11/2024 -5.77% Morgan Stanley $310 → $303 Maintains Equal-Weight 06/27/2024 5.73% Argus Research $300 →
McDonald's Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/11/2024 17.84% Morgan Stanley $312 → $300 Maintains Overweight 07/10/2024 13.91% JP Morgan $300 → $290
GM, RCL, CCL Among Top Consumer Discretionary Quant Picks Ahead of Q2 Earnings
Tesla Is a 'Faith-based Stock' With Fundamentals Not Grounded in the Near-term - DataTrek
Express News | US Indexes Are Mixed, Reversing After Earlier Rising on June CPI Data
EXCLUSIVE: VeeCon 2024 Announces Danica Patrick, Jerome Bettis, Paul Scheer, Mike Posner, Liquid Death CEO Mike Cessario As New Speakers
VeeCon will bring the best of business, pop culture and Web3 in a multi-day conference hosted by serial entrepreneur and VeeFriends founder Gary Vaynerchuk (aka Gary Vee) for a third straight year.