Investors Pour Billions To Aggressive Bond ETFs, Banking On Multiple Fed Rate Cuts in 2024
Investors are looking to riskier bond ETFs in anticipation of a U-turn in Fed's monetary policy.
Biden’s Million Dollar Moonshot – $240 Million Is A Boon For Cancer Research, Will it be a Boost For Pharma Stocks Too?
In September, Biden unveiled a $240 million investment to combat cancer, augmenting the administration’s “Cancer Moonshot”, an initiative…
US Stocks Falter, Bonds, Dollar Gain, While Bitcoin Soars Past $43,000 On Rising Institutional Interest: What’s Driving Markets Tuesday?
The momentum on Wall Street during Tuesday’s session continues to lack strength as investors carefully scrutinize the most recent economic data.
China’s Market In Turmoil As Moody’s Warning Erases Reopening Gains
Moody's shifted China's credit rating outlook to negative, citing financial support towards RLGs and SOEs, weak economic growth, and a dip in Chinese stocks.
Repo Rates Spike: Are Lessons Of The 2019 Funding Crisis Being Heeded?
The U.S. repo market is experiencing stress due to rising short-term interest rates, reminiscent of the 2019 funding crisis.
Apple Stock’s Surge Toward Blue-Skies Sparks Excitement for Santa Rally, Music (MUSQ) ETF Rides the Streaming Boom
Apple, Inc (NASDAQ: AAPL) was charging over 2.5% higher at one point Tuesday, helping to hold the S&P 500 flat after Moody’s issued a decision to lower China’s credit outlook
Services Sector Beats Expectations In November, But Job Vacancies Take A Tumble, Send Mixed Signals
Activity in service sector unexpectedly improved in Nov, beating economists' expectations. Job openings dropped to 8.733 million in Oct, raising concerns about cooling labor market.
China Debt Outlook: Moody’s Cuts To Negative As Property Crash Continues To Weigh
China faces slowdown as spending increases to address the crash in the real estate sector.
Stock Futures Slide, Crypto Hype Pauses: Moody’s Bearish China Outlook Sparks Risk Off
Tuesday is shaping up to be a risk-off session, with futures trading in the red in premarket trading, while the dollar and Treasuries are the only major asset classes in the green.
Cathie Wood’s Ark Invest Dumps Over $1.4M Worth Of Coinbase Shares Amid Crypto Rally, Buys More Robinhood
On Monday, Cathie Wood-led Ark Invest made a significant move in the cryptocurrency market, continuing its trend of selling shares of Coinbase Global Inc (NASDAQ:COIN).