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Fed's Kugler Says It May be 'Appropriate' to Start Monetary Easing Later This year
Federal Reserve Governor Adriana D. Kugler said she anticipates "it will be appropriate to begin easing monetary policy later this year" if economic conditions continue to evolve in a favorable manner with more rapid disinflation, and employment softens while remaining resilient.
Traders Pivot Back to Multiple Rate-Cut View, Reviving One of 2024's Biggest Trading Themes
It didn't take long for one of the biggest and most important trading themes at the start of 2024 to come back in the minds of investors and traders, after having faded a month ago.
Dow Still HItting Highs While Earnings Roll In | Herd on Wall Street
Morning traders, the heat is cranked up in Jersey City, and the Dow is hitting fresh highs on earnings results. My name is Kevin Travers, and here are stories from the moomoo herd on Wall Street today.
"Rate cut trade" and "Trump trade" double blessing: Gold prices approach historic highs.
The market's expectation of a rate cut in September has pushed up the price of gold, while the failed assassination attempt on Trump has further boosted demand for metals as a safe haven.
Charles Schwab Stock Plummets 6% After Earnings
Shares of Charles Schwab opened down 6% after the company's quarterly earnings report fell short on some important metrics, including bank deposits, net interest revenue, and new
Match Group Climbs 6%, Activist Investor Starboard Value Pushes
(Updates with statement from Match in fourth paragraph.)Activist investor Starboard Value owns 6.6% of Match Group (MTCH) shares, a regulatory filing showed late Monday and is pushing for changes
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ATRIPWMT : We will come and pick you up soon brother, hang in there![muscle 💪](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f4aa-1f3fb.png)