Global S&P Futures lower in premarket
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
Citi now expects first Federal Reserve interest rate cut in June
January 18, 2024 12:11 PM ESTCiti analyst Nathan Sheets said in a note Thursday that they now expect the Fed's first cut to occur in June, one month earlier than before.
Sheets, covering the global economic outlook and the firm's strategy, stated that Citi sees global growth this year slowing to a pace that is... More
Reddit planning to IPO in March - Reuters
January 18, 2024 8:17 AM ESTReddit plans to launch its initial public offering (IPO) in March, according to a report from Reuters on Thursday.
The long-awaited listing, which the company has been eyeing for three years, is expected to move forward after the company confidentially filed for its IPO in December 2021.
Reuters... More
