Global S&P Futures mixed in premarket
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March 14, 2024 8:15 AM EDT
Barclays analysts believe the rally in big tech stocks is here to stay over the near to medium term. The firm said in a note Thursday that big tech is driving a high degree of concentration in US equities.
"Whether by market cap or contribution to returns, the... More
March 13, 2024 3:30 PM EDT
On Tuesday, February's US CPI data was released. The consumer price index increased 0.4% for the month and 3.2% from a year ago.
The data tempered expectations regarding when the Federal Reserve may begin to start cutting rates. Analysts at Wolfe Research said in a note that, in theory, another 0.4% month-on-month on core CPI "should" have been negative for markets after a strong January print. However, the market reaction was relatively... More
