Jobs News Stock Rally, Rate Cut Forecasts Face Test From Powell Testimony And Jobs Report
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US stocks rally as earnings, rate cut hopes overshadow trade jitters; gold touches new high
NEW YORK (Reuters) -Wall Street headed higher and gold resumed its ascent on Wednesday as earnings season hit its stride and dovish comments from U.S. Federal Reserve Chair Jerome Powell helped ... Read More
Hotter CPI Unlikely to Deter Rate Cuts, S&P 500 Rally — For Now
Equities traders are likely to shrug off any evidence of stubborn inflation in Friday’s consumer price index report, as the market narrative is dominated by optimism for an expected Federal Reserve ... Read More
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