Stocks sink, yields jump as hot US inflation erodes hopes for rate cuts
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- S&P 500 ends higher as strong inflation data cements rate-hike bets
- Oracle raises full year profit guidance, stock rises after hours
- Oil falls but head for 8% weekly gain on tight supply; US diesel hits record
- 'No panic anywhere' may be the problem, BofA strategists warn
- Buy Shopify stock at this ’AI-enabled entry point,’ analyst says
- S&P 500 ends higher as strong inflation data cements rate-hike bets
- Dell shares surge on record AI server bookings
- 'No panic anywhere' may be the problem, BofA strategists warn
- Kroger cuts same-store sales outlook, keeps earnings guidance
- AstraZeneca's camizestrant fails primary endpoint in breast cancer trial
- After-Hours Movers: ORCL, CRWV, ADBE, ACVA, CPRT, ZUMZ, PMTS, RH
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Boston Fed Collins: Economic Uncertainty is Elevated
April 11, 2024 12:24 PM EDTBoston Fed Collins: Economic Uncertainty is Elevated
... MoreBoston Fed Collins: Recent Data Eased Concerns About Imminent Need to Cut - Bloomberg
April 11, 2024 12:08 PM EDTBoston Fed Collins: Recent Data Eased Concerns About Imminent Need to Cut, Appropriate to begin Rate Cuts Later This Year - Bloomberg
... MoreECB Governors Still Confident About June Cut, Some See July Pause - Reuters
April 11, 2024 11:56 AM EDTECB Governors Still Confident About June Cut, Some See July Pause - Reuters
... MoreBiden Says Inflation News May Delay Rate Cut - Reuters
April 10, 2024 1:40 PM EDTBiden Says Inflation News May Delay Rate Cut, We Have A Plan To Deal With Inflation - Reuters
... MoreBreaking down the Fed: Here's what analysts expect from today's minutes
April 10, 2024 8:30 AM EDTAnalysts at Citi provided their FOMC minutes preview in a note, stating that they continue to expect a first 25 basis points rate cut in June.
The investment bank explained that its base case is for the unemployment rate to rise and the Fed to cut rates by 125 basis... More
Goldman analysts see earnings driving US stock rally
April 10, 2024 6:20 AM EDTAnalysts at Goldman Sachs said in a research note Wednesday they expect corporate profits, supported by healthy economic growth, to be the primary driver of forward equity returns
The investment bank believes stocks with high operating leverage are poised to benefit, although, at the index level, the potential for further valuation... More
