The Small-Cap Stock Boom Is Overdue. This Fund Is Ready

By Ian Salisbury Small-company stocks have been mired in one of their longest ruts in memory. The silver lining? For funds like Harbor Small Cap Growth, it means opportunities to find attractively

Barron's49minutes ago

BlackRock's Chaudhuri Expects Two Rate Cuts This Year

Gargi Chaudhuri, BlackRock chief investment strategist for the Americas, expects the Federal Reserve to cut rates twice this year, once in September and then likely in December. She is on "Bloomberg The Close."

Bloomberg23:54 ET

S&P 500, Nasdaq Build On Record Highs As Powell Testimony Keeps Rate Cut Hopes Alive

The S&P 500 and Nasdaq nabbed new record closes on Tuesday (and also each notched their sixth straight day of gains) as rate cut hopes remained intact after Federal Reserve chair Jerome Powell kicked off his semiannual update to Congress. The S&P 500 (^GSPC) finished just above the flatline to book its 36th record close [...]

Business Today20:28 ET

Yellen and Powell agree: the US labor market is weakening the push for inflation, and inflation pressures may continue to ease.

The current labor market is no longer the primary factor driving inflation in the US economy, as it was in the early stages of the pandemic recovery.

Zhitong Finance19:44 ET

Powell Pushes Back on Rate Cut Bets

The Fed Chair shook things up a bit in his Tuesday testimony after pushing back on rate cut timing and warning against premature easing. This all but takes July rate cut prospects off the table, with September now seen as the earliest date for the next rate cut.

FXStreet18:09 ET

Stock Futures Are Little Changed After S&P 500 Notches Another Record Close: Live Updates

The S&P 500 and Nasdaq Composite closed at fresh records Tuesday.

CNBC18:01 ET