US 500 stock index posts fresh 2½ -month high But advance seems to be taking a breather Momentum indicators approach their overbought zones The US 500 stock index (cash) has been staging an aggressive rally since it bottomed out in late October, piercing through the descending trendline that connects its recent lower highs. However, the uptrend appears to be on hold […]
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Bond traders are rapidly reshaping their outlook on U.S. monetary policy, increasing bets that the Federal Reservecould raise interest rates before cutting them as persistent inflation risks and geopolitical tensions upend dovish expectations. Bloomberg reported Read more…
Palantir just posted one of the strongest quarters in its history as a public company. Wall Street‘s reaction was split. The stock fell. And one analyst said he had never seen anything quite like it Read more…
The precious metal has benefited from rumours of a de-escalation of the conflict in the Middle East. The US and Japan may agree on coordinated currency interventions. The US dollar bounced back from sellers amid Read more…