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USA Market Wrap - Evening Wrap: ASX 200 notches new record as Fed, jobs data turbo charge gold and bank stocks
One of the upshots of a dovish Fed, and the Fed was very dovish Wednesday, is a weaker US dollar. Gold loves lower rates and a weaker US dollar - a double benefit, so it set a new record high in ...
‘Most-Crowded Trade’ Drives S&P 500 to New Record: Markets Wrap
Wall Street traders gearing up for the Federal Reserve decision sent stocks to fresh all-time highs amid gains in several big techs. Equities erased losses after a rebound in the “Magnificent Seven” ...
‘Magnificent Seven’ Power AI-Driven Stock Rebound: Markets Wrap
Tech giants led gains in stocks at the start of a week that will bring a raft of central-bank decisions from the US to England and Japan. Equities rebounded from a recent pullback, with megacaps ...
Nifty, Sensex End Little Changed Amid Volatility Ahead Of US Fed Policy: Market Wrap
"Due to profit booking at higher levels, it (Nifty 50) trimmed some gains in the second half of the day and finally closed near the 21,850/72,100 level," said Shrikant Chouhan, head of equity research ...
US equities still a favorite despite headwinds: HSBC's Sels
Wall Street is attentively watching the outcome of the March FOMC meeting set to wrap on Wednesday followed by a press conference held by Federal Reserve Chair Jerome Powell. As economic uncertainty ...