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Bets on future rate hikes shifted on the news. According to the CME FedWatch Tool, investors have priced in a 73% chance that the Fed holds rates steady through its January meeting. A day prior ...
The S&P 500 (^GSPC) closed up 0.1%, extending its winning streak to eight days, the longest for the benchmark index since 2021. The Nasdaq Composite (^IXIC) also rose around 0.1%, continuing its ...
Investors are now looking to upcoming labor market data for evidence the US economy is headed for a so-called soft landing. Tuesday's reading on job openings in October showed slowing demand in ...
January 30, 2023 at 4:06 PM. U.S. stocks tumbled Monday as investors await a blockbuster week that includes the latest Fed meeting, a flurry of heavyweight earnings reports, and jobs data. The S&P ...
STORY: Shares in Ola Electric surged during the company’s trading debut in Mumbai on Friday (August 9) - valuing the company at $4.8 billion. That’s as investors bet on greater adoption of electric vehicles in India, the world’s largest market for two-wheelers. Ola Electric's $734 million IPO is India's biggest so far in 2024.