Stock Market Today: Nasdaq Hits New High as Apple Stock Pops
Apple stock was one of the biggest gainers Tuesday as analysts were encouraged by the tech giant's new AI offerings.
Source: kiplinger.com
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Energy stocks are hot again. The rally could have more fuel to burn
Energy stocks are back in vogue.
Source: cnn.com
Biden claims inflation was 'skyrocketing' when he took office, despite data showing opposite
President Biden claimed Wednesday that inflation was "skyrocketing" when he took office despite federal data showing that consumer prices remained low at the time.
Source: foxbusiness.com
Stocks Rebound After Data With Eyes on Powell: Markets Wrap
(Bloomberg) — The stock market rebounded as the latest set of economic data did little to alter bets the Federal Reserve will deliver rate cuts this year, following recent concern that the central bank would delay policy easing. As Wall Street awaited more clues on the Fed’s next steps from Jerome Powell, a report showing…
Source: swissinfo.ch
Stocks Rise as Powell Sticks to Wait-and-See Tone: Markets Wrap
(Bloomberg) — The stock market remained higher after Jerome Powell reiterated the Federal Reserve’s wait-and-see approach before policymakers decide to embark on interest-rate cuts. While the Fed chief didn’t break any new ground, Wall Street got some relief from his views that recent inflation figures did not “materially change” the overall picture. Powell also reaffirmed…
Source: swissinfo.ch