அமெரிக்கா சவிதா சுப்ரமணியன் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Investors swap cash for stocks in rapid frenzy ahead of Fed meeting
foxbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foxbusiness.com Daily Mail and Mail on Sunday newspapers.
Earnings Optimism at Wall Street Drives Market Higher, Dow Jones Surges 120 Points
coinspeaker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coinspeaker.com Daily Mail and Mail on Sunday newspapers.
Inflation rose more than expected in April, which spooked investors.
Bank of America s Savita Subramanian says active managers are ill-prepared for it.
She shared two trades for an inflationary environment.
Investors are getting a strong dose of inflation fears this week, as the consumer price index a key measure of inflation jumped more than expected in April.
Prices rose by 4.2% from last April and by 0.8% from March, both higher than economists were anticipating.
Stocks were down big because of the surprise. The Dow had its biggest daily drop since January, while the S&P 500 fell by as much as 3.4% and the tech-heavy Nasdaq was down by more than 4%.
vimarsana © 2020. All Rights Reserved.