Stocks close higher after Fed cuts interest rates
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- Equities rebound to close higher as surging Treasury yields recede
- Fed’s Jefferson sees no urgency for another rate increase
- Oil jumps 4% on reports China halts fuel exports, US troops head to Middle East
- Amazon and these four U.S. stocks are latest additions to Goldman’s flagship list
- Anthropic targets mid-November for public debut - report
- DataMeds AI's Corexa Pharmacy tops $1M in monthly revenue
- Equities rebound to close higher as surging Treasury yields recede
- Twilio, Vylor set to join S&P 500 as index reshuffles members
- onsemi cuts Synaptics deal price to $5.7B after rival bid
- Wells Fargo names 13 stocks as overweight tactical ideas
Trump 2.0 is bad news for Asia, but these stocks still present opportunities
November 7, 2024 11:00 PM ESTAccording to a note from Macquarie on Thursday, the Trump 2.0 presidency could introduce new challenges for Asia, with expected tariff increases and a stronger U.S. dollar pressuring emerging market equities.
Despite the headwinds, Macquarie analysts see selective opportunities across the region, especially in sectors like IT, defense, and specific consumer markets.
Macquarie emphasizes that Trumps indicative plans to raise tariffs and cut taxes could push up inflation and reduce the pace of... More
SPDR S&P 500 ETF Trust (SPY)
November 7, 2024 2:37 PM ESTPowell: In Near Term Election Will Have no Effect on Policy Decision
... MorePowell: Overall Inflation has Moved Much Closer to Goal
November 7, 2024 2:34 PM ESTPowell: Overall Inflation has Moved Much Closer to Goal
... More