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StreetInsider.com Top Tickers, 6/23/2026
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- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
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BofA expects the Fed to cut rates 4 times next year
December 18, 2023 2:09 PM ESTBofA sees the US Federal Reserve cutting rates four times in 22024, as it now predicts faster growth and lower inflation for the US economy.
BofA's analysts said in a note to clients Monday that incoming data is signaling the US economy can enjoy both modest growth and disinflation simultaneously. "Despite weak readings on consumer confidence, the... More
