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Tag: Wall Street

US stocks end higher as Powell fuels hopes for rate cuts this year – Times of India

Posted on March 7, 2024 By Admin No Comments on US stocks end higher as Powell fuels hopes for rate cuts this year – Times of India
US stocks end higher as Powell fuels hopes for rate cuts this year – Times of India

Wall Street experienced a positive shift on Wednesday as economic indicators and statements from Federal Reserve Chair Jerome Powell fueled anticipations that the Fed might lower its benchmark interest rate within the year.Powell emphasized on Wednesday his expectation for the Fed to slash rates, stating the US economy was far from facing a recession. However,…

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Wall Street investors seek shelter | The Express Tribune

Posted on October 21, 2023 By Admin No Comments on Wall Street investors seek shelter | The Express Tribune
Wall Street investors seek shelter | The Express Tribune

NEW YORK: Growing volatility in US stocks is driving a search for defensive assets, though investors may have fewer places to hide this time around. Wall Street’s most closely-watched measure of investor nervousness, the Cboe Volatility Index, on Friday hit its highest in nearly seven months, as the S&P 500 slid for the week. The…

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