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(Bloomberg) — Stocks remained close to their highest levels in about a month, with investors at crossroads about how much further the market can sustain the rebound from April’s selloff. Equities are set for a consolidation amid stretched positioning, according to JPMorgan Chase & Co. strategists. A pair of contrarian sentiment indicators from Bank of…
Expectations for rate cuts by the U.S. central bank have been tempered as the year has progressed, as inflation has proven stickier, and some investors had begun to worry they might not materialize at all, sending markets lower in April.
(Bloomberg) — Asian stocks eked out gains on Tuesday, following Wall Street’s advance on optimism the Federal Reserve will start cutting interest rates this year. The yen dropped. A gauge of regional equities is set for its longest run of gains since February, helped by rally in Japanese, Korean and Australian shares. While the Nikkei…
Investing.com -- U.S. stock futures were largely muted on Tuesday after hopes for Federal Reserve interest rate cuts later this year spurred on a jump in…
Futures tracking the S&P 500 and Dow edged higher on Tuesday, ahead of quarterly results from Walt Disney, while expectations of the Federal Reserve's interest rate cuts this year helped support...