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RBC Calls Itself 'A Nervous And Jumpy Bull' As It Raises S&P 500 Outlook
RBC Capital Markets raised its outlook on the S&P 500 Index for the second half of this year, but it is doing so with trepidation.The investment bank lifted its 2024 price target for the S&P 500 from
Chicago Fed Chairman: Interest rates should be considered lowered in the coming months due to sustained inflation decline.
Golsby believes that interest rate cuts should be considered in the next few months.
Market Climbs Tuesday Afternoon
Indexes are Tuesday mixed after starting the second half of the year out advancing Monday. The $标普500指数(.SPX.US)$ was trading flat just after 10:30 am EST, while the $道琼斯指数(.DJI.US)$ traded lower 0.03
Powell Sees Work To Do, Tesla Deliveries Fall, and the Market Loves It | Herd on Wall Street
Morning traders! The market is advancing on Tuesday, July 2nd, but Indexes are mixed. My name is Kevin Travers, and I am watching lower Tesla delivery numbers year over year inspire the largest stock price run-up for Tesla for the last couple of months.
Fed Chairman Powell: Need more evidence of inflation decline before cutting interest rates.
On Tuesday, Federal Reserve Chairman Powell stated that the US central bank needs more data before cutting interest rates to ensure that recent soft inflation readings reflect underlying price pressures.
Is the US labor market showing signs of losing momentum? Investors are closely watching two key reports this week.
The hot labor market has always been a key obstacle preventing the Fed from cutting interest rates.