Biden, Xi To Meet In San Francisco Against Backdrop Of AI, Geopolitical Tensions
Joe Biden and Xi Jinping will meet in San Francisco to discuss pressing global issues.
S&P 500, Nasdaq 100 Snap Longest Winning Streak In Two Years, As Fed’s Powell Chills Markets
After eight consecutive green closes for the S&P 500 and nine for the Nasdaq 100, the US stock market's winning streak ends.
White House Announces 4-Hour Daily Pause For Israel, Netanyahu, IDF Downplay The Move
Israel initiates daily four-hour pauses in the northern Gaza Strip to allow Palestinians to escape ongoing conflict in the coastal enclave.
Powell Closes The F—— Door On Early Rate Cut Hopes: Stocks, Bonds Tumble While Dollar Rallies
Fed Chair Jerome Powell said at an IMF conference that inflation remains above target, and there is a need for continued efforts to bring it back to target.
Fed’s Barkin Warns ‘There Is More inflation To Come,’ Calls For Decisive Economic Slowdown
Richmond Fed President Thomas Barkin predicts further inflation, emphasizing the necessity of an economic slowdown to combat rising prices.
Israel-Hamas War, Day 34: IDF Takes Control Of Northern Gaza; UN High Commissioner Accuses Both Sides Of War Crimes
Israeli military advances in Gaza City face staunch resistance from Palestinian militants as clashes continue into their 34th day.
Israel-Hamas War Update: Netanyahu Rejects Hostage-Linked Ceasefire Talks; Yemen’s Houthis Assert US Drone Take-Down
Prime Minister Benjamin Netanyahu insists on the release of Israeli hostages before considering any ceasefire negotiations, amid unconfirmed reports of potential talks.
Israel Rejects US Proposal for Humanitarian Ceasefires, Calls for Release of Hostages As Priority; IDF Targets Hamas Tunnels
Israel opposes the U.S. proposal for humanitarian pauses in Gaza, insisting that they should be contingent upon Hamas releasing hostages.
What Stocks Drove The Recent Record Rally? A Breakdown You Can’t Miss
The technology sector has done well during the recent stock market rally as seen in indices such as Nasdaq 100 and S&P 500.
Contrarian Moves: Retail Traders Intensify Market Crash Bets As Put Option Activity Surges
According to the CME Group's FedWatch tool, retail traders are now pricing in a full percentage point of rate cuts through December 2024.